Sabaliton Group’s story
Issa is 46 years old and Malian. He is the one holding the cow’s leash in the photo. He is married and the father of seven children, aged from nine to 22 years old. Two of his daughters go to school. Issa himself did not receive an education, but he does okay.
Issa has a good reputation in his village. He is brave and works hard raising cattle, which he has done for 10 years. His wife works preparing and selling food.
Issa is seeking a loan to buy two cows. He makes his purchases and sales from the local weekly market. He makes 25,000 francs CFA profit each month. These earnings allow him to buy clothing and shoes and to pay the school fees of his seven children.
Issa believes his livestock farming will develop over time. His goal is to ensure his children’s education.
In this group: Hamidou, Issa, Salia, Yacouba, Seydou, Oumar, Mahamadou
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.