Funded

Total loan: $775
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Sidiki

Mali
Sikasso, Mali / Tailoring

A loan of $775 helped to buy a new embroidery machine and fabrics.


Sidiki's story

Mr. Sidiki O., age 32, lives with his three children, his wife, and his brothers and sisters, in the home of his deceased father in Mancourani I, one of the neighborhoods in Sikasso (third administrative region of the Republic of Mali).

After his father passed away, Sidiki, the elder son, had to take care of the family, as required by tradition. For this reason, he had to abandon his studies and start making money to provide for his family. He was trained as a tailor by several master tailors in the city of Sikasso. After 17 years of experience, he became a master tailor known all over Sikasso. His workshop, located in the grand market, is a melting pot of styles and designs, and is very much visited by a diverse clientele.

To satisfy an increasing number of ever more demanding requests from his customers, he decided to join the loan program of the microfinance organisation Soro Yiriwaso, in order to buy a new embroidery machine, seven pieces of tinted "bazin" (a sort of damask) in Bamako (the capital of the Republic of Mali), and 200 meters of men's fabric in Bobo Dioulasso (in Burkina Faso, Western Africa). He intends to sew them to make shirts and trousers, that he will then sell. Due to an interesting profit margin, Mr. O. expects to make a profit of 150.000 XOF, to be used mainly to meet his family expenses.

Translator profile picture

Translated from French by Kiva volunteer Patrick Stadelmann



Loan details

Loan length:

10 months
Disbursed date: September 23, 2008
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: September 23, 2008
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children