A loan of $1,025 helped to purchase bags of wheat flour.

Alou's story

Alou is 30 years old, has a wife, and is the father of 4 children. He lives with his family in the city of Koutiala (in the Sikasso region.) He is a teacher in a private school in Koutiala, and in addition to this work, he runs the businesses of owning a small shop that sells various items, and operating a bakery. These businesses earn him a fair amount of revenue and the demand for him is quite large, as he receives many customers every day.

In order to meet the needs of his customers and to grow his business, Alou turned to the microfinance organization Soro Yiriwaso, with whom he is on his third loan. He will use this loan to acquire a large stock of wheat flour. He stocks up in Bamako and often in Koutiala. Alou hopes to earn a monthly profit of 90,000 francs CFA, which he will use to repay the interest to Soro, meet the needs of his family, and reinvest the remainder in his business.

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Translated from French by Kiva volunteer Stephanie Long Phillips

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