Start lending monthly—and get a $50 lending credit! Join the movement today.
Total loan: $2,100
Kouroubadougou, Bamako Capital District, Mali / Food
Flag of Mali
Dakan Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy peanut and maize seeds.
Dakan Group's story
The women of the Dakan Group are, on average, 40 years old with 5 children. They live in traditional, extended families in Kouroubadougou, one of the villages in the San area, which is the fourth largest administrative region in the Republic of Mali. The women know one another through family ties, and work buying and selling seeds. This will be the women of the Dakan Group's first group loan after fully repaying their previous farming loans. Djeneba is the woman standing on the far left of the picture. She intends to use this loan to buy two 100kg sacks of peanut seeds and 100kg of maize seeds. The women buy their supplies in Kouroubadougou and the surrounding villages. They sell their products in Kouroubadougou and Kimparana, on market days, to male and female customers, for cash or, often, credit. They hope to earn a monthly average of 30,000 francs CFA. Their earnings will be used to cover health, food, clothing and school expenses. Their remaining earnings will be reinvested into their businesses.