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Meet Diando Koulibaly

Trickle Up Video

Meet Diando Koulibaly

Diando Koulibaly, 41, joined the Trickle Up Mali program in January 2010. Listen along as she talks to us about her successful new business selling fish and overcoming the hungry season, and tells us about her savings group and outlook for the future!

Transcript
 
Caption: Meet Diando Koulibaly – Trickle Up Participant
Staff: “What benefits have you seen since becoming a Trickle Up participant?”
Diando: “My savings group, it’s like my family! We have built a sense of understanding amongst ourselves.”
Staff: “Is the savings group helpful?”
Diando: “Members can take out 15,000 to 50,000 Malian Francs (approx. $30-$100) in loans to improve their businesses.”
Staff: “How is your savings group doing right now?”
Diando: “Right now, it’s the lean season. So my group has agreed to delay repayments for 6 months. This way, members can survive the lean season. After the harvest comes in, they can repay their loans. Thankfully, I am able to get by with the profits I make selling my fish.”
Staff: “What is your savings group interest rate?”
Diando: “For every 5,000 Malian Franc loan (approx. $10), the recipient must pay back 150 Malian Francs (30 cents).”
Staff: “Well, thank you for your time!”
Diando: “Thank you, and thank you Trickle Up!”