A loan of $650 helped a member to buy fish.

Sabali Group's story

The group Sabali is composed of six women (four polygamous and two monogamous) who average 27 years of age and 3 children. They all live in in the Djaka Kin district of Markala (fourth administrative region of the Republic of Mali). The group members do commerce in various goods, principally fish in all forms (fresh, fried, smoked, and dried). In addition, they sell cosmetics, fine accessories, soaps, and shoes.

In order to increase the volume of their income-earning businesses, they decided to join the Soro Yiriwaso loan program and are on their fourth group loan, after having repaid all three preceding ones. This new loan will be used to buy 27 baskets of fresh fish, equal to 405 kg. A portion is sold fresh door-to-door in the Kirango area, and the other portion is first dried and then sold. Supplies of fresh fish are gotten only on the banks of the Niger River in Kirango from area fishermen. The fish thus obtained is resold, cash or credit accepted, at the fairs of Diamarabougou, Bousssin, and Siribala, to customers composed of men and women.

The group members each plan to realize an average monthly profit of 31,000 francs CFA that will be put into savings and used to meet the healthcare needs of the children. Their ambition is to obtain a freezer in order to be able to preserve fresh fish for as long as possible.

In this group: Fatoumata, Korotoumou , Fanta , Sétou , Djénéba , Aminata

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Translated from French by Kiva volunteer Daniel Kuey

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