A loan of $625 helped purchase of alcoholic and non-alcoholic (fizzy) drinks for re-sale.


Adama Mama's story

Mr. Adama Mama D., 33, lives with his wife and child in his father's household in the Hérémakono Centre district of the town of Bougouni (third administrative region of the Republic of Mali).

Adama tried out several money-earning activities without success, notably buying and selling clothing and shoes, and he even tried out being a chauffeur for a private citizen. He ended up deciding to sell industrially-produced drinks and has been at this business for the last two years. He got into this commercial niche selling drinks with the help of his uncle. Religious holidays and important ceremonies (baptism, marriage) are occasions where a lot of drinks are sold, as is this season of the year where the weather is so very hot.

In his search for complementary financial resources, he decided to turn to Soro Yiriwaso with whom he is on his first individual loan.

He buys his merchandise in Bamako (capital of the Republic of Mali) from official depots and then sells it in Bougouni to a clientele composed of shopkeepers and restaurant and bar owners. With this loan Mr. Adama Mama D. expects to make a monthly profit of 40,000 F CFA. In the coming years, he hopes to have his own drinks depot in Bougouni.

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Translated from French by Kiva volunteer Teresa Kramer



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