Total loan: $5,225

Dembaya Group

Flag of Mali
Diema, Kayes Region, Mali / Agriculture

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A loan helped to buy animals to resell with the goal of taking care of her grandchildren.

Dembaya Group's story

Hawa is a sheep raiser in a rural community in Mali. She is a peanut vendor on the side. 50 years old and unschooled, she is a widow and has four dependent grandchildren, aged one to six, who are not in school.

Due to a lack of startup funds, Hawa made recourse to the microfinance institution RMCR to take a loan to buy more animals to sell, in order to take care of the schooling, health, and hygiene of her grandchildren. With the help of this financial institution, Hawa stocks up on herds at weekly fairs in the surrounding villages to raise them at her home in order to have some profits after the sales. She engages in animal raising and her small business and earns 30,000 francs in monthly revenue. Hawa wants to become a great animal breeder in her town in the coming days and to be independent in taking care of her grand-children. Please note: In Mali, small children can often live with grandparents. This could be due to various situations.