A loan of $1,650 helped a member purchase of various articles for re-sale.

Sabali Group's story

Sabali is a group of 6 women, all married, with an average age of 33 and on average, 4 children. They mostly live in monogamous families in Kamelen Sirakoro, one of the neighborhoods of the town of Sikasso, 3rd administrative region of Mali. They are on their 9th loan, working together with Soro Yiriwaso microfinance institution, with the intention of satisfying their customers’ needs.

They have various businesses among others, selling condiments, shoes, smoked fish, potatoes, etc. With this new loan, they intend to buy 20 baskets of condiments, 35 pairs of shoes, 12 cartons of smoked fish, and 10 sacks of 50 kg of potatoes. They do their buying in the big market of Sikasso town and in the surrounding villages. The goods are sold retail in the markets and on foot around the area, to a clientele composed of women, men, and generally for cash.

They each expect to make a average monthly profit of 22,000 F CFA, of which a part will be invested back into their businesses and the rest put into savings.

In this group: Ami, Fatoumata, Oumou, Djata, Assan, Rokia

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details