A loan of $925 helped to buy and re-sell clothing.


Rokia's story

Mrs. Rokia K. is 29 years old and lives with her husband and 3 children in the Médine area of Ségou (fourth administrative region of the Republic of Mali).
Holder of an official certification in accounting, she was initiated into the business world through her mother, who was formerly a shopkeeper and significant caterer in Ségou. Since her student days, she helped her mother manage her accounts and distribute her goods. Enriched by this experience, she decided nine years ago to develop her own business buying and selling clothing and shoes. She enjoys an excellent reputation and fame in Ségou.
To increase her working capital in order to meet the demands of her clientele, she turned to the microfinance institution Soro Yiriwaso, with whom she has been working for 36 months. After 4 solidarity (group) loans and 1 individual loan, all repaid properly, she is seeking her second individual loan, which will be used to buy 30 outfits of medium-quality damask and 5 outfits of rich damask. She gets her raw materials in Bamako (the capital of Mali). Mrs. Rokia K. sells her goods in cash and on credit to a clientele composed of men and women.
With this loan, she intends to realize a monthly profit of 30,000 FCFA, which will allow her to provide for various traditional social events. Her ambition is to open a boutique selling clothes.

Translated from French by Kiva volunteer



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