Funded

Total loan: $1,000
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Amidou

Mali
Sikasso, Mali / Grocery Store

A loan of $1,000 helped to buy corn, beans, rice, cooking oil, sugar, and various other goods.


Amidou's story

Mr. Amidou S. is a married man, born about 1968 in Ouogan (Sikasso), who is a father of five children (two boys and three girls). He lives in a monogamous family with his wife and children in Noumousso, a district of Kadiolo (third administrative region of the Republic of Mali). At a young age, he learned commerce along with agriculture, which he practiced with his parents as his first job. For seven years now, the trend has been inverted. In his shop located along the main road, he now sells grain and various other goods, in the Noumousso district of the city of Kadiolo, where he enjoys unprecedented fame.

He has been in collaboration with the micro-finance institution Soro Yiriwaso for two years and is on his fourth individual loan. All the preceding loans have been settled. With this loan, he plans to buy 5 sacks of sugar, 10 sacks of rice, 2 sacks of beans, 5 drums (20 liters each) of cooking oil, and 30 sacks of corn. Supplies are gotten in Kadiolo City from wholesalers. Sales are made, cash or credit accepted, to customers composed of women and men. He is often in demand by some local civil servants for their monthly allocation.

He envisions realizing an average monthly profit of 94,000 francs CFA, part of which will be injected into his business and the other will be put aside as savings. His ambition is to be a wholesaler.

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

12 months
Disbursed date: January 28, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: January 28, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children