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Sabali Group
In this Group: Mariam , Assetou, Fanta , Kadia , Saran
The group Sabali comprises four married women and one widow. They average 50 years of age and six children each and live for the most part in traditional families in the Massablacoura district in Bougouni City. They know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to work in commerce better, they joined the microfinance institution Soro Yiriwaso and are now on their 11th loan. This group of women does commerce in condiments, grains, and clothing.

Saran, who is the group member with papers in hand in the photo, buys and sells grains. She intends to use her loan to purchase 1 tonne of corn from producers from the villages surrounding Bougouni. She makes her sales at the market and at home at the retail level. Accepting cash or credit, she sells to a customer base composed of men and women.

She envisions making an average monthly profit of 50,000 francs CFA that will be used to invest in her business and to pay back the loan.
View original language description ↓
Le groupe Sabali est constitué de 4 femmes mariées et une veuve ayant une moyenne d’âge de 50 ans et 6 enfants. Elles vivent majoritairement dans des familles traditionnelles dans le quartier Massablacoura de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur onzième prêt. Ce groupe de femmes fait le commerce de condiments, de céréales et d’habits.
Saran, qui est le membre du groupe papier en main, fait l’achat vente de céréales et compte acheter avec son prêt, 1 tonne de maïs avec les producteurs des villages environnants de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 50.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $11,527,250
    Funds lent in using Kiva
  • 493.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD