A loan of $425 helped to buy various articles.

Monigue Dite Saran's story

Monigue Dite Saran was born around 1966 in Misseni in the Kadiolo sub-prefecture (Loulouni circle). She is mother to one child and lives with her husband and their children in a large extended traditional family in Kaboïla II Sikasso (the Republic of Mali's third administrative region).

For around six years Monigue Dite Saran has been buying and selling "pagnes wax" (highly decorative and colorful pieces of fabric), sheets, shoes, brooms and embroidered fabrics. She carries out her activity from home and on a door-to-door basis in the town of Sikasso where she is in great demand from her customers owing to the quality of her products.

In order to be able to increase her ever-growing customer demand, she decided to join the micro-finance institution, Soro Yiriwaso, three years ago. She is on her third individual loan with which she is planning to buy 15 "pagnes wax", 10 pairs of shoes of varying quality, five sets of embroidered fabric and brooms. She buys her goods locally and in Bobo Dioulasso (in Burkina Faso) before reselling them door-to-door on a retail basis, for cash and on credit, to a customer base made up principally of women. The previous loans she has had have been fully repaid.

Thanks to this loan she is expecting to make a monthly profit of 90,000FCFA, which will be used to increase her business, contribute to the family expenses and repay the interest on her loan.

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Translated from French by Kiva volunteer Alison Le Bras

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