Total loan: $3,500

Benkadi Group

Flag of Mali
sourou, , Mali / Agriculture

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

A loan helped to purchase livestock to resell so as to cover the school fees and medical costs of the children.

Benkadi Group's story

Yaounde is the woman who is showing off the ram in the group photo. She is 31, married to a farmer, and the mother of three children, two sons and one daughter. One of her sons is enrolled in school.

Yaounde has in fact seven years of experience in literacy classes and that allows her to manage her livestock-raising business well. This activity brings in a profit which allows her to buy clothing and shoes for her children.

Yaounde is an established client of RMCR and she makes her repayments when they are due. She is asking for a loan of 135,000 XOF to buy two sheep and some feedcake to fatten them. That should permit her to earn a expected profit of 75,000 XOF when she sells the sheep. She will manage to cover the needs of her children, that is, school fees and medical expenses for the children.

In future, Yaounde hopes to make her sales at bigger markets so that she can earn more money and improve the living conditions of her children.