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Sabali Group
In this Group: Fatoumata, Korotoumou , Fanta , Sétou , Djénéba , Aminata
The group Sabali is composed of six women (four polygamous and two monogamous) who average 27 years of age and 3 children. They all live in in the Djaka Kin district of Markala (fourth administrative region of the Republic of Mali). The group members do commerce in various goods, principally fish in all forms (fresh, fried, smoked, and dried). In addition, they sell cosmetics, fine accessories, soaps, and shoes.

In order to increase the volume of their income-earning businesses, they decided to join the Soro Yiriwaso loan program and are on their fourth group loan, after having repaid all three preceding ones. This new loan will be used to buy 27 baskets of fresh fish, equal to 405 kg. A portion is sold fresh door-to-door in the Kirango area, and the other portion is first dried and then sold. Supplies of fresh fish are gotten only on the banks of the Niger River in Kirango from area fishermen. The fish thus obtained is resold, cash or credit accepted, at the fairs of Diamarabougou, Bousssin, and Siribala, to customers composed of men and women.

The group members each plan to realize an average monthly profit of 31,000 francs CFA that will be put into savings and used to meet the healthcare needs of the children. Their ambition is to obtain a freezer in order to be able to preserve fresh fish for as long as possible.
View original language description ↓
Le groupe Sabali est composé de six femmes (4 polygames et 2 monogames) qui ont en moyenne 27ans et 3 enfants. Elles habitent toutes le quartier Djaka kin de Kirango Markala (4ème Région administrative de la république du Mali).
Elles font le commerce d’articles divers, mais principalement le poisson sous toutes ses formes (frais, frit, fumé et séché). En plus elles vendent les produits cosmétiques, les parures, les savons et les chaussures.
Afin d’augmenter le volume de leurs activités génératrices de revenus, elles ont décidé d’intégrer le programme de crédit de Soro Yiriwaso avec qui elles sont à leur 4ème prêt de groupe, après avoir bien remboursés les trois prêts précédents.
Ce nouveau prêt sera utilisé pour acheter, 27 corbeilles correspondant à 405 kg de poisson frais. Une partie est vendue fraîche en ambulant dans les quartiers de Kirango et l’autre moitié est d’abord séchée avant la vente.
Elles se ravitaillent en poisson frais uniquement sur les berges du fleuve Niger à Kirango avec les pêcheurs du quartier. Le poisson ainsi obtenu est revendu au comptant et à crédit dans les foires de Diamarabougou, Bousssin et Siribala à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser chacune un bénéfice mensuel moyen de 31.000FCFA qui sera utilisé pour l’épargne et pour la prise en charge des soins de santé des enfants.
Elles ont pour ambition d’avoir un congélateur pour pouvoir conserver le plus longtemps possible le poisson frais.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD