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Sabaly Group
In this Group: Rokia , Sali , Bamon , Awa , Kemissa , Djeneba
The group SABALY comprises six women, all married, who average 45 years of age and four children each. The women live in traditional extended families with their husbands, co-wives, brothers, and sons in the Heremakono Nord district of Bougouni City. The women know one another through ties of community, friendship, and commerce.

To bolster their financial capacity, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their fifth loan. The four previous ones were properly repaid.

This group of women does commerce in clothing and secondhand clothing, as is the case with ROKIA, who is seated and holding papers in the photo. She intends to use her loan to purchase 3 packets of secondhand clothing from wholesale merchants in Bamako. Accepting cash or credit, she makes her sales to a customer base composed of essentially women at the market and at her house.

She envisions making an average monthly profit of 70,000 francs CFA that will be used to reinvest in her business and to pay back the loan.
View original language description ↓
Le groupe SABALY est constitué de 6 femmes toutes mariées ayant une moyenne d’âge de 45 ans et 4 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le quartier Heremakono Nord 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 cinquième prêt. Les quarte précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce d'habillements et de friperie à l’image de ROKIA assise avec un papier a main. Elle compte acheter avec son prêt, 3 colis de friperie avec les commerçants grossistes de Bamako. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 70.000FCFA 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

  • $1,200
    Average annual income
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,265,850
    Funds lent in using Kiva
  • 508.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabaly Group's $1,775 loan helped a member to purchase used clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013