Some of the farmers that received microloans at this year’s distribution in June.
Over 100 local farmers received microloans to expand their crops which will increase their financial security.
Modou showing us his field where he used the purchase of a horse to increase his crop yield.
We touched base with one of last year’s recipients, Modou Sakho. He used his loan to buy a horse which increased his crop yield. The additional crops bolstered his family food rations and he sold the extra. With the additional funds he bought goats which he will be able to breed for meat as well as to generate income.
““Que Andando amoul morom. (Andando has no equal.)“
”
Farmers and their family members working the fields.
Microloans have been a boost to the economy of rural Senegal. Without access to credit, it is very difficult to make investments for the future. Over the last 12+ years over 1,200 loans have been distributed with a payback rate of over 98%!