Total loan: $1,050


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Moron, , Mali / Agriculture

Adama's loan finished fundraising,
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A loan helped to buy oxen.

Adama's story

Born in July 1974 in Moron where he lives in Kolondièba Cercle (third administrative region of Mali), Adama has 5 children and one wife and lives in a traditional family. Mister Adama quickly became interested in income generating businesses specifically buying and selling oxen. He is very much in demand in Kadiana especially on fair days. Strengthened by his 5 years experience in this field, he joined Soro Yiriwaso to expand his business in order to satisfy his clientele which does not stop growing. He is on his second loan, after having reimbursed the previous loan. Adama plans to use his loan to buy oxen. He gets his supplies at the breeders in the neighboring villages. He sells for cash and sometimes for credit at the market and essentially to men. Adama hopes to make a monthly profit of 150,000 FCFA which will be used to meet the needs of the family, reimburse the loan and reinvest in his businesses.