Check out some available loans that are similar to this one!
Sabati Group
In this Group: Maïni , Fatoumata , Atoumata , Fatoumata , Bita , Alima , Molobaly , Ina , Mah , Nè
All ten women from the Sabati group are married. On average they are 32 years of age with two children, and all live in traditional households in the Dioni neighborhood of Konobougou, in the Baouréli prefecture of the 4th administrative region of Mali. These women got to know each other through family ties and are retailers of various goods, such as food condiments (Maggi vegetable oil), cereals, soap, tubers, fish, etc.

Having fully repaid their four previous loans, the women from the Sabati group are now requesting a fifth group loan. They intend to use it to buy two tons of cereal (beans, millet, corn), and packages of various food condiments (spices and a barrel of vegetable oil).

They mainly get their supplies from local producers. They then sell their products in Dioni and at the Konobougou market, in general for cash, to a customer base of both women and men.

They hope to achieve average monthly earnings of 20,000 FCFA each, which will be used to bolster their working capital and contribute to family expenses regarding food, children’s education and healthcare.
View original language description ↓
Les dix femmes du groupe Sabati sont toutes mariées. Elles ont en moyenne 32 ans, 2 enfants et vivent toutes dans des familles traditionnelles au quartier Dioni de la ville de Konobougou, préfecture de Baouréli, quatrième région administrative de la république du Mali.
Ces femmes se sont connues à travers des liens de parenté et font le commerce d’articles divers tels l’achat vente de condiments (huiles maggies), de céréales, du savon, des tubercules, du poisson etc.
Après avoir correctement remboursés les 4 prêts précédents, les femmes du groupe Sabati sont à leur 5 prêt solidaire.
Elles comptent utiliser ce nouveau prêt pour acheter, deux tonnes de céréales (haricot mil, maïs), des colis des variétés de condiments alimentaires (des épices et un fût d’huile alimentaire).
Elles s’approvisionnent essentiellement sur place auprès des producteurs et grossistes et effectuent leurs ventes à Dioni et au marché de Konobougou, généralement au comptant, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser chacune un bénéfice moyen mensuel de 20.000FCFA qui servira à étoffer leur fonds de commerce et subvenir aux dépenses ayant trait à la nourriture, à la scolarité des enfants et à la santé.

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
  • 14
    View loans »
    Mali Loans Fundraising
  • $11,512,075
    Funds lent in using Kiva
  • 484.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD