A loan of $1,075 helped to buy fruit.

Salif's story

Salif, who was born in October 1962, is married and father to 13 children. He lives in his father's house in Missirikoro, one of the working class districts of the town of Sikasso, the Republic of Mali's third administrative region.

Salif has had many unsuccessful activities, but launched himself into buying and selling fruit (oranges, bananas, mangos, pineapple, avocados, etc) six years ago. With a view to better satisfying his ever-growing customer base, he decided to join the microfinance institution, Soro Yiriwaso, two years ago and is on his fourth individual loan. The three previous loans have been repaid in full.

With this fourth loan he is planning to buy significant quantities of fruits (oranges, bananas, mangos and pineapples) coming from Sikasso's surrounding towns. These goods are initially stocked in his shop so that they can then be sold on a retail basis in the market and in Sofara (in the Mopti region) to a customer base made up of men and women, for cash and on credit.

Thanks to this loan he expects to make an average monthly profit of 170,000FCFA, which will be used to expand his business, contribute to the household outgoings and to pay the interest on his loan.

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details