The Sabaly Group is composed exclusively of married women, who have an average age of 50 years, and an average of three children. They are all living in large traditional extended families in the village of Zanfina, municipality of Binko, prefecture of Baroueli, in the Segou region (fourth administrative region of the Republic of Mali). They know one another through ties of kinship, vicinity, and friendship. The women of the Sabaly Group are currently on their first group loan, which will be used to buy various merchandise.
The client Awa is shown in the photo seated on the far left. With her loan, she plans to buy 50 kg of peppers and two baskets of tomatoes to be sold in the town of Fana. She hopes to earn an average monthly income of 10,000 Francs CFA which she will use to reinvest in her business and pay for family expenses.
Les femmes du groupe Sabaly, composé exclusivement de femmes mariées, qui ont en moyenne 50 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Zanfina, commune de Binko, préfecture de Baroueli, Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié.
Les femmes du groupe Sabaly sont à leur premier prêt solidaire qui sera utilisé pour acheter les différentes marchandises.
La cliente Awa la première personne assise à partir de la gauche, compte acheter 50 kg de piment et 2 paniers de tomate qui seront vendus dans la ville de Fana. Elle compte réaliser un bénéfice mensuel moyen de 10000 FCFA qui sera réutilisé dans l’activité et dans les dépenses familiales.
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.