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Sabaly Group
In this Group: Aïssata , Aminata , Aminata , Abi , Mariam , Sirantou
Made up of four married women, one widow, and one divorcee, the members of the Sabaly Group live in large traditional families, are on average 41 years old, and each have five children. They all live in the town of Sikasso (the third administrative region of Mali) and know each other through marriages, kinship, and as neighbors. The group members run small businesses, selling fruits, condiments, fabric, and clothing, and also process fruits into juices: ginger, tamarind, grape, zaban, and baobab.

In order to increase their working capital, the group members partnered with Soro Yiriwaso and are in their twelfth group loan cycle. Madam Mariam (the first woman in the front from the right on the left of the photo) is one of the group's juice makers and sellers. She intends to use her loan to buy one bag of sugar, 20 kilos of ginger-root, two packets of flavoring, and one packet of spice. She buys her supplies locally from wholesellers, and after making her gingerjuice, performs her retail sales for cash or credit, in the streets and in the market, to a clientele made up of men and women. Madam Marian hopes to make an average monthly profit of 40,000 FCFA which she will use to reinvest in her business and care for her household needs.
View original language description ↓
Constitué de 4 mariées, 1 veuve et 1 divorcée, les membres de groupe Sabaly vivent majoritairement dans des familles traditionnelles avec une moyenne d’âge de 41 ans et 5 enfants. Elles habitent toutes dans la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de mariage. Les membres du groupe font le petit commerce, de fruits, des condiments alimentaires, de tissus, de pagnes et de la transformation de fruits en jus : de gingembre, de tamarin, raisins, de zaban, baobab, etc.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 12ème cycle de prêt solidaire.
Madame Mariam (première femme debout de la droite vers la gauche sur la photo) est l’une des transformatrices et vendeuses des jus de fruits du groupe. Elle compte utiliser son prêt pour acheter, 1 sac de sucre, 20 kilos de gingembre, 2 paquets d’arômes et 1 paquet de sachet. Elle s’approvisionne sur place auprès des grossistes et effectue ses ventes, après préparation de ses jus de gingembre mis en sachet et bidons, en détail, au comptant et à crédit, à domicile, en ambulant et au marché, à une clientèle composée d’hommes et de femmes. Madame Mariam compte réaliser avec ce prêt un bénéfice mensuel moyen de 40.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge certains besoins du foyer.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 498.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabaly Group's $925 loan helped a member to purchase required inputs for making fruit juice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2012
Listed
Apr 14, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012