A portion of Kantieme Group’s $2,400 loan helps a member to buy some sheep for later resale.
Kantieme Group’s story
Aissata is illiterate and has been raising sheep for 10 years. She also helps her husband with his work in the fields. She is a citizen of Mali.
Wishing to attain her goal, she is asking RMCR for a loan to buy more livestock to resell more later on so as to have more income. She is fond of her business because it allows her to cover the needs of her children and to be financially autonomous some day.
Aissata’s ambition is to have a machine to transform livestock feed to expand her activity. Most of her purchases are made in her village or its surroundings and her sales are made at her village market. In her livestock-raising she has a problem with good veterinary care and good local products, and during the dry season she also lacks livestock feed.
In this group: Fatoumata, Malado, Aissata, Fatoumata, Aissata, Hawa, Salimata, Fatoumata, Djeneba, Bintou, Hawa, Fatoumata, Bintou, Yama
This loan is special because:
More about this loan
About Réseau de Micro-institutions de Croissance de Revenus (RMCR):
Réseau de Micro-institutions de Croissance de Revenus (RMCR) is an NGO that provides credit to low-income communities in rural Mali. The organization offers community bank loans, from which borrowers can graduate to solidarity groups, and from there to individual loans. RMCR customizes the loans it offers in order to fit the unique business cycles of livestock, farming, and commerce activities.