100%

funded

Total loan: $1,875

Kotognogotala Group

Flag of Mali
Yangasso, Ségou Region, Mali / Agriculture

Kotognogotala Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to stock grains for five months and then sell.


Kotognogotala Group's story

Sékou is a member of the group Kotognogotala. He is Malian, 51 years old, and uneducated. He is the one with his hands on a sack of peanuts. A married father, he has nine children, aged 2 to 18 years old. Four of them attend school. His wife is a homemaker.

Sékou has turned to RMCR to be able to carry out his work. He stocks grains; that is, he buys grains (millet, sorghum, corn) at low prices, and when prices rise, he resells to make a profit. He has been running this business for a long time. A creditworthy client at RMCR, he is very happy with this business, thanks to his lucrative advantage. He is totally serious about succeeding.

He buys and sells at the local market. The profit will help him to cover family expenses.

For the future, Sékou wants to have a bigger loan to be able to increase his business’ volume.