A loan of $1,050 helped to purchase high-quality pagnes [traditional cloth] and cups.

Awa's story

Mrs. Awa was born in Loulouni in 1956, and lives there now with her five children by her husband, in Kadiolo cercle [county], Sikasso region (third administrative region of the Republic of Mali).

Mrs. Awa has been selling high-quality pagnes [traditional cloth] and cups for more than 20 years. Her business is carried out in Nimbougou and Loulouni, where she is very sought after by her customers for the quality of her goods and for her credibility. In order to meet the ever-growing needs of her customers, she has been working with microfinance institution Soro Yiriwaso for nearly seven years. She is on her fifth individual loan, and the previous loans have been properly repaid.

Mrs. Awa plans to purchase a large quantity of cups and pieces of high-quality pagnes. She gets her supplies from wholesalers from Côte d'Ivoire and Burkina Faso, and sells them on credit at retail prices.

With this loan, Mrs. Awa expects to see an average monthly profit of 100,000 CFA francs, part of which will be used to pay the interest on her loan while the rest will be saved.

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Translated from French by Kiva volunteer Jessalyn Pinneo

Loan details

Lenders and lending teams

Loan details