Funded

Total loan: $850
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N’Golo

Mali
Kourouba, Mali / Cereals

A loan of $850 helped to buy cereals.


N’Golo's story

N'Golo is 59 years old and lives with his 10 children and spouses in the sub-prefecture of Kourouba, Koulikoro region. N'Golo did not have the opportunity to go to school. He became interested in revenue-generating activities at a very young age, notably the buying, storage and selling of cereals. He decided to work together with Soro Yiriwaso in order to satisfy his growing customer base.

Having properly repaid his second loan, he is now on his 3rd individual loan, which will be used to buy 4 tons of cereal (corn, beans, millet and fonio) from the farmers of Faraba Dracoro and the surrounding area, which he will keep for at least one month. He mostly sells wholesale to a clientèle made up of resellers from the large towns like Bamako and Ouelessebougou. N'Golo hopes to make an average monthly profit of 75 000 francs, part of which will be used to repay the loan whilst the rest of it will be reinvested in his business.

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Loan details

Loan length:

11 months
Repayment schedule: Irregularly
Disbursed date: January 22, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: Irregularly
Disbursed date: January 22, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children