A loan of $625 helped to buy edible oil for resale.


Diadiaratou's story

Diadiaratou B. is 36 years old and lives in a large family with her husband and their six children (four boys and two girls) in Banconi, one of the suburbs of Sikasso, in Mali.

Twelve years ago Diadiaratou B. began buying and selling edible, after having unsuccessfully tried a number of businesses. She sells from home and from her local market where she has a large table from which to sell her merchandise. She is very sought-after by her customers because of the quality of her products. To satisfy her increasing number of clients, she decided five years ago to join the microfinancial institution Soro Yiriwaso. After two loans as part of a neighbourhood businesswomen's association, the Soro Yiriwaso Association of Banconi, she is now asking for her fourth individual loan. All her previous loans were repaid. She will buy 18 drums of edible oil. She buys her merchandise in the local oil mills. Given the location of her neighbourhood, Diadiaratou B. has good sales. Her customers are mainly women during times of ceremonies such as weddings, baptisms and so on. She expects that this loan will allow her a monthly income of 90,000 FCFA with which she will contribute to the household expenses, pay the loan interest, and invest the remainder in her business.

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Translated from French by Kiva volunteer L K



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