A loan of $2,000 helped a member to buy seeds and small equipment.

Fmat Group's story

The Economic Interest Group FMAT (Federation of Market Gardeners of Touba Toul) consists of men and women who practice market gardening. They grow vegetables (lettuce, cabbage, potatoes, onions, etc.) on two hectares of land behind the village. By selling their produce they are able to generate income that is split three ways: the first part is retained as working capital, the second part is kept as a security fund in their UIMCEC account and the third part is shared between the members of the group. The members of the group are able to take care of their families with the profits of this activity. The leader of the GIE (on the left in a hat) is married with four children, two of whom go to school. In addition to agriculture, he also trades in order to diversify his income. Today, the Economic Interest Group is requesting a loan of 990,000 francs to buy seeds and small equipment so that they can expand their farm. Their aim is to turn the activity into an agricultural and livestock farm.

In this group: Diokel, Ousseynou, Ibrahima , Modou, Saliou , Aïssatou , Mariama

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Translated from French by Kiva volunteer Stella Hodkin

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Loan details