Funded

Total loan: $500
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Adama

Mali
Sikasso, Mali / Poultry

A loan of $500 helped to buy and raise poultry.


Adama's story

Born around 1976 in Sikasso, Mr. Adama is married and lives with his wife and their three children in Banconi, one of the peripheral areas in the city of Sikasso (third administrative region of the Republic of Mali). Mr. Adama, after having tried several activities without success, began in the field of small business, specifically in the sale of poultry, eight years ago. He has a stall at the poultry market. He is highly sought-after by his clientele because of the quality of his poultry, which are of good quality and well-examined by qualified veterinarians. To satisfy his increasing clientele, he decided to join the microfinance institution Soro Yiriwaso about two years ago. He has benefited from three loans with the institution, all of which were repaid properly. He is seeking this fourth loan, which will allow him to buy poultry in the towns surrounding the city of Sikasso. Specifically, he will buy 45 chickens, 20 guinea fowl, 12 pairs of turkeys, 5 pairs of ducks, and 5 pairs of geese. With this fourth loan, he foresees realizing an average monthly profit of 100,000 FCFA, which will be used to expand his business, to contribute to paying for the household expenses, and to pay the interest on his loan.

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Loan details

Loan length:

11 months
Disbursed date: August 1, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: August 1, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children