A loan of $525 helped purchase onions.


Sitan's story

Madame Sitan C. is 45 years old and lives in a monogamous family with her husband and six children in the North Pelegana neighborhood of the town of Ségou (the fourth-largest economic region of the Republic of Mali). Since childhood she has been participating in income-generating activites, particularly scraps of fabric re-sewn into clothes and food seasonings with her mother. With 20 years of experience she enjoys an unparalleled reputation and notoriety in the town of Ségou. In order to deal with frequent supply interruptions at the main market in Ségou, she decided to participate in the loan program of Soro Yiriwaso in order to build up sufficient stock for longer periods. During three years of collaboration with Soro Yiriwaso, she has received four solidarity loans with an association in her neighborhood and is on her second individual loan. With this current loan, she intends to buy 15 bags of onions from wholesalers in Ségou's main market or during the weekly markets in the villages of Tonan, Dougabouguo, or Séribala. She sells in bulk for cash or on credit at the new market in North Pelengana where she runs her business. Her wares are spread out on a big table and sold retail to customers comprised mostly of women and some men. She envisions making a monthly profit of 40,000 Francs CFA. Madame Sitan C. also envisions becoming a wholesaler who would be able to supply retailers in the town market of Ségou.

Translated from French by Kiva volunteer Liana Bianchi



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