100%

funded

Total loan: $2,100

Benkadi Group

CIWARA, NY, Mali / Agriculture

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A loan helped to purchase sheep to sell later.


Benkadi Group's story

Moussa is a Malian man who is 40 years old. He is the one holding the ram’s horn and a sheep. He is married to two woman and has thirteen children (five boys and eight girls). The children are aged 10 months old to 16 years old. Two boys are in school, and a girl is in Koran school. Moussa is appreciated in the community for courage in his work and his good morality. He has one year of literacy training in his town. His wife is a homemaker and works in commerce.

Moussa borrowed money to purchase a ram and a sheep and also some iron for blacksmithing. He has a projected profit of about 17,500 to 20,000 [francs] per month. The profit can vary depending on the time period. His profits enable him to cover schooling costs, healthcare, clothing, and shoes for the children in particular.

Buying and selling occurs in the same town with transactions in cash. Business obstacles include loss of life among his cattle during epidemics; drops in market prices; and price hikes on animal feed.

For the future, Moussa’s wish is to use his income to acquire many rams and sheep and to improve his house, as well as the standard of living for his family.