Total loan: $2,025

Parissin Group

DIORA, , Mali / Agriculture

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A loan helped to purchase sheep to resell later.

Parissin Group's story

IVONE is the lady holding the sheep’s rope in front of the members of her group. She is 37, married, and the mother of five children, aged 1 to 18, of whom four are in school. Her husband is a farmer. She raises sheep and also trades in peanuts. She gets her supplies from her village and from nearby markets. She resells them in bulk when the loan is due, when she can make a projected profit of 50,000 francs per month. She has been in this business for six years.

She turns to RMCR loans to develop her business by purchasing sheep and also peanuts to stock up. He dream is to become self-sufficient through the revenues. She plans to help out her husband to cover the school fees for her children.

IVONE likes her work very much, since she finds it very profitable and more beneficial. The difficulties she often faces include inventory space and drops in market prices.