A loan of $525 helped purchase of condiments for re-sale.

Mariatou's story

Mrs. Mariatou D., 38, lives with her husband and their four children in the Bougouni Lafiabougou neighborhood of Ségou (fourth administrative region of the Republic of Mali).

Never having attended school due to poverty as well as her own parents' illiteracy, she began to earn her living early on, working together with her mother, at an age where she didn't yet know how to count money. After this initiation, a phase rich in learning and experience, she began to sell various condiments in the Ségou market 20 years ago and enjoys an excellent reputation. Merchandise that has been carefully packaged is displayed on her shelves.

Wishing to increase her turnover, she came to the micro-finance institution Soro Yiriwaso 3 years ago. After receiving a share in three group loans and then one individual loan, all correctly reimbursed, she is on her second individual loan.

She intends to use this loan to buy 2 cartons of Maggi cubes, 1 case of tomato concentrate, and 2 sacks of salt. She buys her stock of these staples from the wholesalers in Bamako (capital of Mali).

Mrs. Mariatou D. sells both for cash or on credit to a clientele composed essentially of women and a few men. She expects to make a monthly profit of 45,000 F CFA which will allow her to support herself and to reinvest in her business. Her greatest desire is to be able to build a house.

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Translated from French by Kiva volunteer Teresa Kramer

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