A loan helped a member to stock grains for five months and then sell.

Kotognogotala Group's story

Sékou is a member of the group Kotognogotala. He is Malian, 51 years old, and uneducated. He is the one with his hands on a sack of peanuts. A married father, he has nine children, aged 2 to 18 years old. Four of them attend school. His wife is a homemaker.

Sékou has turned to RMCR to be able to carry out his work. He stocks grains; that is, he buys grains (millet, sorghum, corn) at low prices, and when prices rise, he resells to make a profit. He has been running this business for a long time. A creditworthy client at RMCR, he is very happy with this business, thanks to his lucrative advantage. He is totally serious about succeeding.

He buys and sells at the local market. The profit will help him to cover family expenses.

For the future, Sékou wants to have a bigger loan to be able to increase his business’ volume.

In this group: Maman, Djènèbou, Salimata, Sékou, Korotimi, Amidou

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey.

This loan is special because:

It empowers farmers and entrepreneurs in underserved areas in Mali.

Loan details

Lenders and lending teams

Loan details