100%

funded

Total loan: $650

Sabali Group

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Segou, Segou, Mali / Food

Sabali Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped To buy vegetables (round cabbages and shallots).


Sabali Group's story

The four women in the Sabali group are married and are on average 33 years old with 3 children. Most of them live in monogamous families. They all live in the Darsalam district of Ségou (fourth administrative region of Mali) and became acquainted through their businesses in Segou's Château market. Group members buy and sell vegetables (round cabbages and shallots), sundries (matchboxes, dyes, candy, tea, ...), children’s and used clothing. In order to increase their working capital and to have cash for getting fresh supplies, the group members partnered with Soro Yiriwaso and are on their 10th solidarity loan. Mrs. Hawa Diabaté plans to use her loan to buy 20 sacks of cabbages and 500 kg of shallots. She gets her supplies wholesale from stallkeepers in the villages surrounding Ségou and at Segou's Médine market. She sells her goods retail for cash and on credit, from her home and at the Château market, to a clientele composed mainly of women. With this loan, Mrs. Diabaté hopes to make an average monthly profit of 30,000 CFA which will be used to reinvest in the business and to take care of small everyday household expenses. Her goal is to increase the volume of her business in partnership with Soro Yiriwaso.