100%

funded

Total loan: $5,500

Bnkadi N°2 Group

Yangasso, Ségou Region, Mali / Agriculture

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A loan helped to raise and fatten cattle for resale.


Bnkadi N°2 Group's story

Adama is the man who is holding a cow by a rope in the photo. He is a farmer from Mali, aged 38, married and the father of four children, aged from 8 months to 12 years, of whom two are in school. His spouse is a housewife.

Adama has been raising and fattening cattle for seven years. He buys his animals and supplies in the surrounding markets and resells the animals in the same markets. Sometimes, he takes his animals to faraway markets. The profit he makes allows him to cover certain necessities for his family.

Adama borrows money from RMCR to finance his business and grow it when the time is right. He is often confronted by challenges of falling prices. Adama wants to have a larger loan in future to increase his purchases of animals so that his livestock-raising business can succeed.