A loan of $1,050 helped to buy four head of cattle.


Karim's story

Karim was born around 1984 in Sanankoro I, which is a sub-prefecture of Mali’s third-largest administrative region. He lives with his wife and two children in a traditional family. Karim quickly became interested in income-generating activities, notably buying and selling cattle. He sells his cattle in Niena and Tengrela. He now has four years of experience in this area, and he is working with Soro Yiriwaso to increase his working capital so that he can meet the demands of his ever-growing customer base. This is his first loan with the field partner. Karim plans to use his loan to buy four head of cattle. He buys his cattle from breeders in Sanankoro I and the surrounding area. He makes his sales on a cash basis. Karim hopes to earn a monthly profit of 120,000 XOF, which he will use to meet the needs of his family, pay back the loan and reinvest in his business.

Translated from French by Kiva volunteer Graham Robinson



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