A loan of $1,000 helped purchase of various articles for re-sale.


Kansé's story

Mr. Kansé C., 31, married and the father of 2 children, lives with his family in Sanoubougou I, one of the working class neighborhoods of the town of Sikasso (third administrative region of the Republic of Mali).



Mr. Kansé, after having tried various businesses without success, took up buying and selling various items. In this niche for 25 years now, he is in great demand with his clientele because of the quality of his merchandise and he presently has two boutiques (one for ready-to-wear and one for sundry items) at the bus station of Sikasso.



To satisfy his ever-growing clientele, he decided to join the micro-finance institution Soro Yiriwaso four months ago. He is on his first individual loan. With this loan, he intends to buy 10 cases of cookies, 5 packets of NBB drinks, 5 cases of BRAMALI drinks, 2 cases of tea, 1 sack of sugar, 10 packets of bonbons, 5 cases of Calvé mayonnaise, 4 cartons of Nido powdered milk, 3 cases of MALTA drinks, 2 cases of soap, etc.



He does his buying from wholesalers in Bamako (capital of Mali) and sells retail and for cash to a clientele generally made up of travelers and above all transporters. He expects to make, with the help of this loan, a monthly profit of 300,000 F CFA which will be used essentially to support his family and pay the interest on the loan, investing any remainder back into his business.

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Translated from French by Kiva volunteer Teresa Kramer



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