A loan of $600 helped to buy peanuts, yams, and various other items.


Oumou's story

Mrs. Oumou Dembélé, age 48, is married and the mother of 6 children. She lives in a nuclear family in Sanankoroba, located 20 kilometers from Bamako, the capital of Mali. Like many other women eager to alleviate their poverty, Oumou Dembélé joined the loan program of Kiva's partner Soro Yiriwaso. After three solidarity loans (group loans) that were all repaid without problems, she's now seeking her fourth personal loan. She intends to use it to buy 600 kg of peanuts, 250 kg of yams, and various other items at the markets in Sanankoroba and in the surrounding villages.
She sells her goods on a stall at the market, for cash or on credit, to a clientele comprising mostly women. She expects to turn an average monthly profit of XOF 120'000 (ca US$ 240), to be used to repay the loan and to help with the family expenses.

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Translated from French by Kiva volunteer Patrick Stadelmann



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