A loan of $750 helped to purchase cereals.

Yaya's story

Yaya is 31 years old and lives with his seven children and his wives in the sub-prefecture of Baguineda in the Koulilkoro region. He did not have the opportunity to go to school and at an early age became interested in income-generating activities, notably the purchase, stocking and sale of cereals.

With a view to satisfying his sharply increasing customer base, he decided to collaborate with Soro Yiriwaso. After repaying his first loan in full he is now on his second individual loan which will be used to buy five tons of cereals (corn, beans, millet, fonio) from farmers in Tiele, Bassian and the surrounding areas. He will keep the cereals for at least one month. He sells mainly on a wholesale basis to a customer base made up of retailers coming from large towns such as Bamako.

Yaya hopes to make an average monthly profit of 100,000FCFA which will be used to repay his loan and reinvest in his business.

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Translated from French by Kiva volunteer Alison Le Bras

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