A loan of $300 helped to buy condiments.


Aminata's story

At 49 years of age, Mrs. Aminata Kassongué lives with her 8 children and her husband in the Kouloukoro area of the city of Koutiala (in the third administrative region of Mali).
Not having had the chance to pursue a stellar education, Aminata very quickly became interested in revenue-generating business activities. After trying out several businesses, she ended up settling on the condiment business, which she has been engaged in for 10 years.
In order to solve the problem of stock shortages, she decided to work with the microfinance institution Soro Yiriwaso five years ago. After 8 solidarity (group) loans, all repaid properly, she is seeking her first individual loan.
She intends to buy different types of condiments with this loan, such as peppers, edible salts, soumbala, and so on. She obtains her supply from wholesalers and makes her sales at the Kouloukoro market in Koutiala to a primarily female clientele in cash or in credit.
She intends to earn an average profit of 45,000 FCFA per month, which she foresees using to repay the loan and take part in meeting her family's expenses.
Her ambition is to become a wholesaler of condiments at the grand market in Koutiala.

Translated from French by Kiva volunteer



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