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Sabali Group
In this Group: Setou , Sabou , Fanta , Maimouna
Diamadjigui is a group that is a member of the Sabali de N'tentou association, and made up of four women who came to know each other through family and neighbourhood contacts. They are on average 43 years old, married, with six children. They have different activities such as the buying and selling of condiments like Setou who is the first person standing looking from right to left in the photo. They live in big traditional families in N'tentou in Kati prefecture (Koulikoro region, Mali republic)

They have been running small businesses for several years and are very much in demand for their activities.

In order to satisfy growing customer demand, they decided to join the Soro Yiriwaso credit programme two years ago. This is their fourth solidarity loan.

Setou, who is the president of the group and very well known in N'tentou, excels in the sales of condiments. She intends to use her loan to buy food condiments: onion, cabbage, dried okra, spices and Maggi cubes. She buys her stock in Bamako and locally from wholesalers and sells her goods retail in N'tentou and Ouelessebougou for cash or credit to both men and women customers. She hopes to make a monthly profit of 20.000FCFA which would enable her to repay her loan and reinvest in her business.
DIAMADJIGUI est un groupe de l’association SABALI de N’TENTOU. Il regroupe 4 femmes qui se sont connues à travers des liens de parenté et de voisinage. Elles ont une moyenne d’âge de 43 ans. Mariées avec en moyenne six enfants, elles mènent différentes activités telles l’achat vente de condiments à l’image de SETOU qui est la première personne debout de la droite vers la gauche de la photo. Elles vivent dans des grandes familles traditionnelles à N’TENTOU dans la préfecture de Kati (Région de Koulikoro, République du Mali).
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités.
Dans le souci de satisfaire le besoin croissant de leur clientèle, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a deux ans. Elles sont à leur quatrième prêt solidaire.
SETOU, qui est la présidente du groupe et très connue à N’TENTOU, excelle dans la vente de condiments. Elle compte utiliser son prêt pour acheter de condiments alimentaires : oignon, choux, gombo séché, des épices et des cubes Maggi. Elle s’approvisionne à Bamako et sur place auprès des grossistes et vend ses condiments à N’TENTOU et OUELESSEBOUGOU, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes. Elle espère sur un bénéfice mensuel de 20.000FCFA somme qui lui permettra de rembourser le prêt et de réinvestir dans son activité.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 513.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabali Group's $600 loan helped a member to buy condiments.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013