LOAN INFORMATION:Name: Boubou Diawara
Location: Mali (Africa)
Business Type: Poultry
Loan For: 200 chicks, plus troughs, vaccines, vitamins, and feed
Funded: Jul 31, 2008
Repaid: Jul 15, 2009
FROM THE KIVA APPLICATION:
Mr. Boubou Diawara is 43 years old and lives with his wife and 3 children in Mali. After his military retirement, Boubou Diawara is returning to one of his money-making businesses, poultry-farming, which he learned from a friend for over two years. With the intention of growing his business, he joined a microfinance institution and was granted his first loan. He plans to buy 200 chicks, 8 feeding troughs, 8 drinking troughs, 2 boxes of vaccines, 20 bags of vitamins, and 1400 kilograms of feed. With this loan, he plans to be able to earn 80,000 CFA francs per month, which he will use to invest in his business, pay interest on the loan, and provide for his family.
