Total loan: $2,950

Sabougnouman Group

Bla, Ségou Region, Mali / Agriculture

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A loan helped to buy animals to resell, in order to support her family.

Sabougnouman Group's story

Foune, a native of Mali, is 46 years old. She is married and the mother of six children, of whom three are boys. One boy goes to school. Her children are between 3 and 18 years old. Foune is a housewife and has raised animals for ten years. Today she wishes to develop this business with the financing of a loan from RMCR.

In the picture she is the woman holding the ram. She is taking the loan from RMCR to buy rams in order to sell them, in accordance with the cycle of her loan. She stocks up in her area, as well as in the surrounding villages, and she sells in the local market. After the sale, she can have 35,000 CFA francs as a profit each cycle. The profit from the sale of the rams will allow her to meet her children’s needs for health, education, and clothing. She has not had any problems with the RMCR loan.

In the future, Foune hopes to have more financing to develop her animal raising business and to satisfy more needs of her customer base and her family.