A loan of $325 helped to purchase condiments (onions, potatoes, tomatoes, etc.).

Kadiatou's story

Ms. KADIATOU was born in KAFANA. She lives with her father in a large family in KABOILA II, a working class district in downtown Sikasso City (3rd administrative region of the Republic of Mali). After having run several businesses without success, she was introduced over five years ago to the business of buying and selling condiments (small and large onions, potatoes, tomatoes, etc.) for which she is much in demand by her customers for the quality of her products.

To satisfy her burgeoning customer base, she decided to join the the microfinance institution Soro Yiriwaso. She gets her supplies from villages surrounding Sikasso. Ms. KADIATOU is on her first individual loan enabling her to increase her business capital to purchase 15 sacks onions (5 small and 10 large), a basket of tomatoes, and 2 sacks of potatoes at 50 kg each.

Her merchandise is sold in Bamako to a customer base composed of housekeepers paying with cash or credit. With this first individual loan, she envisions making an average monthly profit 25,000 francs CFA that will be used to increase her business capital, help cover family expenses, and pay the interest on her loan.

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Translated from French by Kiva volunteer Daniel Kuey

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