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Sabaly Iii Group
In this Group: Ramatou , Sedje , Minata , Nieba , Sitan , Zee, Madjougou
The members of the SABALY III group are married women who are, on average, 40 years old with four children each. Most of them live in polygamous families in Beniko, one of the villages of the commune of Binko, in the Cercle of Dioïla, Koulikoro region (second administrative region of Mali).

They have joined the microfinance institution Soro Yiriwaso in order to better organize their farming activities at the beginning of the rainy season. They grow groundnut, millet, beans and okra and are on their sixth collaboration with the institution.

Madjougou (first from the left in the standing row) plans to use her loan to buy farm inputs and small tools, and to cover the cost of plowing to maintain about one hectare (2.47 acres) of land on which she grows groundnut, beans and okra.

After the harvest, Madjougou sells her crops in the town of Fana, to a customer base which consists of men and women.

She is expecting to make a profit of about 120,000 CFA francs during this growing season.
View original language description ↓
Les membres du groupe SABALY III 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 Binko, préfecture de Dioila, 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 entre la culture de l’arachide, du mil, haricot et du gombo. Elles sont à leur sixième collaboration avec l’institution.
Avec ce prêt Madjougou la première personne à gauche des debout compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 1 ha de mil, d’arachide de haricot et du gombo. 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 120 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
  • 38
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    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 Iii Group's $600 loan helped a member to pay for the cost of plowing and weeding, and to buy seeds, fertilizer and herbicide.
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