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Total loan: $525
Andranomanelatra, Faritanin' Antananarivo, Madagascar / Agriculture
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Jeannine's loan finished fundraising,
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A loan helped to buy the inputs necessary for the growing of tomatoes.
Jeannine, 45, is married. She has four children and one of them is already independent. The family lives in a rural village. Jeannine works in animal raising and in agriculture. She also sells milk and the profits ensure the daily expenses. Her partner is employed at a farm. Jeannine takes some loans to help her with capital. She chose the partner Vahatra who already granted her some successive loans which helped her expand her businesses. The income saw an increase and she put some money into savings for her financial autonomy in the future. With the preceding loan she undertook rice growing. She has 7 bags of rice reserved now. She needs the following loan for the growing of tomatoes. She is going to grow a large expanse of land and needs sufficient inputs of 30 wagons of manure, 150 kg of chemical fertilizer, some phytosanitary products and to pay for the hired help. She is going to deliver her produce to the collectors. She is going to add to her cash savings to provide her with capital later.