100%

funded

Total loan: $2,325

Malle Group

Flag of Mali
SIRAKOROLA, Koulikoro Region, Mali / Agriculture

Malle Group's loan finished fundraising,
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A loan helped to buy cows to resell in order to meet the needs of his family.


Malle Group's story

His name is Modibo. He is posing with the cow. He is a 62 year old Malian, married man and father to 7 children which includes one boy and a girl attending school. He is alone in the photo due to Covid-19.

Modibo is a farmer, who attracts customers through word of mouth. His business is to buy beef cows, raise and fatten them for a number of months and resell them at a profit. He states that he makes 50 00FCFA or more with the sale of each head. A portion of the profit is invested in the care of his family ( food, school fees, medical care, shoes and clothing) and the rest is reinvested into his business.
Modibo has been raising cows for approximately ten years and he buys the calves and cows at the local market or from individuals and he resells them at the same market.
Within the framework of expanding his business, he approached RMCR to grant him a loan.
The sole dream of Modibo is to build a solid house for his children.