Total loan: $3,275

Benkadi Group

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FARAKALA, Région de Ségou, Mali / Food

Benkadi Group's loan finished fundraising,
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A loan helped to buy the necessary inputs to grow chillies.

Benkadi Group's story

Adama is a 43-year old farmer from Mali. He is married and has six children. Four of them go to school. His wife takes care of the home.

Adama has been growing chillies for 7 years but struggles financially to increase his output and his income. He therefore requested a loan from the microfinance institution to be able to buy more fertiliser, herbicide and cover tractor labour costs. When harvesting his chillies after maintaining the fields over the winter months he is going to sell everything at the market.

The expected profits of 50,000 to 100,000 CFA will allow him to manage family expenses such as medical bills, school fees and food costs.