Funded

Total loan: $150
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Broulaye

Mali
Falan, Mali / Farming

A loan of $150 helped to buy farming equipment.


Broulaye's story

Broulaye is a farmer in Falan Village. He is 29 years old and married. He is a 1st year farmer with myAgro and plants maize, sorghum, peanuts, rice and vegetables. Broulaye would like to take a loan for a semoir, which is a local seeding machine that has 2 boxes: one for seed and one for fertilizer. The semoir is attached to a cow that will pull the semoir along the field, and there are diggers and a pipe behind each box that will place the correct amount of seed and fertilizer the right distance apart. This enables farmers to plant using the micro-dosing method of planting – using a small amount of fertilizer per plant instead of the traditional method of broadcasting fertilizer. This is less expensive since it uses less fertilizer and is much better for land sustainability as well. myAgro hopes that by providing the semoir on loan, Broulaye will be able to increase the amount of land he plants using the micro-dosing method and significantly increase his farm income.

Broulaye would like a semoir because it will help him plant more efficiently and thereby help him increase the land size he plants. Before, Broulaye planted manually which was time-consuming and made it difficult to grow enough food to meet the needs of his family. Broulaye’s goals are to feed his family, get out of poverty, send the children to school, and assure the health and well-being of his family. Broulaye says myAgro helps him reach his goals by providing the inputs on time and helping him purchase a semoir so that he can improve his planting. Broulaye will also be able to rent his semoir to others to earn extra income. All semoirs are covered by a 2-year guarantee that covers most repairs within a 1-week time period.



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: June 4, 2013

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: June 4, 2013