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Sabali Group
In this Group: Maïmouna , Fanta , Maïmouna , Rokia
Sabali Group is composed of four married women, who on average are 50 years old and have six children. They live with their husbands and children in nuclear families in Massablacoura, a neighborhood in the city of Bougouni (third administrative region of Mali). They came to know each other through ties of kinship and neighborhood.

Faced with the need to increase their working capital to satisfy their clientele, the group members decided to join the loan program of the microfinance institution Soro Yiriwaso. They need the loans to finance their activities, namely selling salad, cereals and various articles; Fanta B. sells food condiments. This is their eighth loan. Their previous loans have been repaid on schedule.

Mrs Fanta B. intends to use her new loan to buy 5 baskets of tomatoes, 4 sacks of onions, 2 sacks of 25 kilograms of salt and 4 packs of bouillon cubes. She gets her supplies from wholesalers at the great market in Bougouni and retails from her home and at the market, for cash or credit, to a clientele made up of women and men.

Thanks to this loan, she expects to make an average profit of 20,000 CFA francs a month. She will use part of it to reinvest in her business and the remaining amount to repay the loan and pay for healthcare services.
View original language description ↓
SABALI est un groupement de quatre femmes toutes mariées ayant en moyenne 50 ans, 6 enfants et vivant dans des familles nucléaires avec leurs époux et enfants à Massablacoura l’un des quartier de la ville de BOUGOUNI (troisième région administrative de la république du Mali).
Les membres du groupe SABALI se sont connus à travers des liens de parenté et de voisinage.
Dans l’idée de trouver un font de commerce suffisante pour satisfaire la clientèle, elles ont décidé d’adhérer au programme de crédit de l’institution de microfinance Soro Yiriwaso.
Elles utilisent les prêts pour faire le commerce de salades, de céréales, d’article divers et par Fanta B. pour faire le commerce de condiments. Elles sont à leur huitième prêt et tous les prêts précédents ont été bien remboursés.
Avec ce nouveau prêt Fanta B., compte acheter, 5 paniers de tomate, 4 sacs d’oignons, 2 sacs de 25 kg de sel et 4 paquets de cube maggi. Elle s’approvisionne au grand marché de BOUGOUNI au niveau des grossistes et effectue sa vente en détail à la maison et au marché, en espèce et à crédit à une clientèle composée de femmes et d’hommes.
Avec ce prêt elle espère réaliser un bénéfice mensuel de 20.000 FCFA dont une partie sera réinvesti dans l’activité, et le reste pour rembourser le prêt et payé les frais de 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
  • 33
    View loans »
    Mali Loans Fundraising
  • $11,450,075
    Funds lent in using Kiva
  • 482.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD