Check out some available loans that are similar to this one!
Sabali Kagni Group
In this Group: Zermene , Adam , Assitan , Ramata , Adiarra , Fatoumata
The SABALI KAGNI group is composed of married women who are, on average, 32 years old with 2 children. Most of them live in polygamous families in SIEKOURANI, one of the villages of the Loulouni commune, prefecture of Kadiolo (Sikasso), third administrative region of Mali. This is their fourth loan with the Soro Yiriwaso microfinance institution. They are requesting the loan to satisfy the needs of their customers; all three previous loans have been fully repaid. In this group of Sabali Kagni women, ADAM S. sells shop items. With her loan, she plans to buy 10 cartons of cigarettes, 50 kg of sugar, 1 carton of condensed milk, 2 cartons of tea, 1 drum of vegetable oil, and one packet of other items. She gets her supplies at the Sikasso Grand Market and sells them to a clientele composed of men and women for cash in her shop in Siékourani village, in front of the goudron [a tarmac road, the National Route] that goes to Zegoua. She hopes to make an average monthly profit of 37,500 CFA, part of which will be used to pay down the principal and interest of her loan and the remainder for her savings.
View original language description ↓
Le groupe SABALI KAGNI est constitué de femmes mariées ayant une moyenne d’âge de 32 ans et ont en moyenne 2 enfants. Elles vivent la plupart dans des familles polygamiques à SIEKOURANI un des villages de la commune de Loulouni préfecture de Kadiolo (Sikasso) 3ème région administrative du Mali.
Elles sont à leur quatrième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et tous les trois prêts précédents se sont bien dénoués.
ADAM S. fait le commerce d’articles de boutique dans ce groupe de femmes SABALI KAGNI.
Elle compte acheter avec son prêt, 10 cartouches de cigarettes, 50,kg de sucre, 1 carton de lait concentré, 2 cartons de thé, 1 bidon de 10 litres d’huile végétale, 1 paquet d’autres articles. Elle s’approvisionne au grand marché de Sikasso. Elle revend dans sa boutique à Siékourani village, en face du goudron (la Route.Nationale) qui va jusqu’à ZEGOUA, à une clientèle composée d’hommes et de femmes, au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 37.500FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.

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

  • $1,200
    Average annual income
  • 37
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 462.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabali Kagni Group's $975 loan helped a member to buy items to sell in a shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2011
Listed
Mar 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011