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Sabali Group
In this Group: Maimouna , Fanta , Maimouna , Rokia , Badiby , Mariam , Mamou
This seven women who make up this group called SABALI have an average age of 43, six children, and live mainly in traditional families. These women reside in the Massablacoura neighborhood in BOUGOUNI, third administrative region of the Republic of Mali. They met because of kinship and through their businesses.

Wishing to satisfy their clientele and grow their businesses, they decided to join the Micro-finance Institution Soro Yiriwaso in order to sell condiments, firewood, and cereals. The women are on their ninth group loan and the preceding loans were correctly reimbursed.

MAIMOUNA, who is the president of the group, second from the left, holding a water dipper in her hands, excels in selling grains. With this new loan she intends to buy 2.5 tons of rice of various sorts, from the producers, to be sold in the MASSABLACOURA area of Bougouni, retail and for cash, to a clientele composed of men and women. With this loan she hopes to make a monthly profit of 60,000 F CFA of which part will be used to reimburse the loan and the rest reinvested in her business.
View original language description ↓
Les sept femmes qui composent le groupe SABALI ont une moyenne d’âge de 43 ans, 6 enfants et vivent majoritairement dans des familles traditionnelles. Ces femmes résident dans le quartier Massablacoura à BOUGOUNI, (troisième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parentés et de leurs activités.
Dans le souci de satisfaire leurs clientèles et augmenter le niveau de leur activité, elles ont décidé d’intégrer l’institution de microfinance Soro Yiriwaso et cela pour faire le commerce de condiments alimentaires, du bois de chauffe et de céréales.
MAIMOUNA, qui est la présidente du groupe, la deuxième à gauche qui tient une puisette dans la main, elle excelle dans le commerce des céréales. Elles sont à leur neuvième prêt de groupe et les prêts précédents ont été remboursés correctement.
Avec ce nouveau prêt MAIMOUNA, compte acheter 2,5 tonnes de riz de différentes sortes, auprès des producteurs pour revendre au quartier MASSABLACOURA de Bougouni en détail, au comptant à une clientèle composée d’hommes et de femmes.
Avec ce prêt elle compte réaliser un bénéfice mensuel de 60.000 FCFA dont une partie sera utilisée pour rembourser le prêt et le reste sera réinvesti dans l’entreprise.

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
  • 25
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 462.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD