100%

funded

Total loan: $200

Mamadou Diao

Flag of Senegal
, , Senegal / Agriculture

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A loan helped to buy seeds, including 50 kg. of peanuts, 10 packages of weedkiller and 2 bags of fertilizer.


Mamadou Diao's story

Mamadou is married and the father of seven children. The oldest is 19 years old and the youngest is five. Three of his children attend school.

Mamadou farms a three-hectare area where he grows millet for consumption. At the end of the winter period, he will have a harvest of 17 100-kg. bags of peanuts to sell. He has the experience to increase his production, but is limited by the high cost of good quality agricultural inputs, and a lack of agricultural equipment and financing.

Mamadou plans to use the borrowed money to buy 50 kg. of peanuts for seed, two bags of good quality fertilizer and 10 packages of weedkiller. This will allow him to boost his yield and the quality of his crop.

With the profits, Mamadou will be able to pay for his children's education, the daily expenses and his family's health care and well-being. He will also be able to buy livestock to diversify his business and increase his revenue so he can save more to build his house.