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Sabaly I Group
In this Group: Kadia Maba , Mian , Yiridie , Djeneba , Moh , Nagna , Siradie , Bintou , Kadia , Kadia
The members of the Sabaly I Group are married women with an average age of 40 years, and they have an average of four children. They are living for the most part in polygamous families in Beniko, one of the villages of the township of Beniko, prefecture of Dioïla, region of Koulikoro, second administrative region of Mali.

They are working with the microfinance institution Soro Yiriwaso to better organize their agricultural activities during the rainy season. The crops they grow are peanuts, millet, and okra. The group is on their sixth loan with the institution.

Yiridie is shown standing in the center of the photo. With her ​​loan, she intends to buy agricultural inputs, small equipment, and pay for the labor needed to maintain approximately half a hectare of millet and peanuts. After the harvest, her produce is sold at the town of Fana to a clientele composed of men and women. She hopes to earn an income of 45,000 Francs CFA during this agricultural cycle.
View original language description ↓
Les dix membres du groupe SABALY I sont des femmes mariées avec une moyenne d’âge de 40 ans et ont en moyenne 4 enfants. Elles vivent la plupart dans des familles polygames à Beniko un des villages de la commune de Beniko, préfecture de Dioïla, région de Koulikoro, 2ème région administrative du mali.
Elles collaborent avec l’institution de micro finance Soro yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont la culture de l’arachide, du mil et du gombo. Elles sont à leur sixième collaboration avec l’institution.
Avec ce prêt Yiridie la personne au milieu des debout compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 0.5 ha de mil et d’arachide
Les productions sont vendues au niveau de la ville de Fana après les récoltes à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice de 45.000F CFA environs pendant cette campagne.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,929,600
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabaly I Group's $825 loan helped a member to pay for labor, seeds, fertilizer, herbicide, weeding, and small equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 18, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014