A loan of $575 helped purchase of steers for butchering.


Zoumana's story

Mr. Zoumana Kanté is 48 years old, married and the father of 7 children. He lives in a polygamous family with two spouses, his children and his relatives in the Bamannankin district of Ouelessebougou (one of the subprefectures of the Koulikoro region). He has worked as a butcher for 12 years. This is a family profession and he learned it from his father who was also a butcher. He runs this business at the Ouelessebougou market located along the road connecting Mali and the Republic of the Ivory Coast.
Concerned about expanding his business and faced with an ever-growing demand, Mr. Kanté decided to go to the Soro Yiriwaso microfinance institution. This is his first individual loan. It will be used to buy two steers at a cost of 125,000F CFA each. The steers are slaughtered and sold as retail to a clientele made up primarily of women and restaurant owners. The slaughtering takes place every two days. Mr. Zoumana Kanté runs a very profitable business and hopes to earn an average monthly profit of 135,000F CFA. A large part of this revenue is used to deal with the expenses of his large family (father, mother, sisters, brothers, wives and children).
Eventually he plans to build a modern butchery allowing him to respect health standards.

Translated from French by Kiva volunteer



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