A loan of $1,300 helped a member buy various products.

Sabali Group's story

The five members of the Sabali group (three are married and two are widows) are on average 42 years of age and have five children. Most live in polygamous families in Kamalen Sirakoro, one of the villages in the Sikasso area, in the third administrative region of Mali.

They have been working with the Soro Yiriwaso MFI to satisfy their customers’ needs and are now requesting a tenth group loan. All preceding loans have been correctly repaid.

They sell food condiments, plastic shoes, charcoal and smoked fish. With the loan they intend to buy:
• 5 packages of condiments
• 85 100-kilo bags of charcoal
• 12 dozen pairs of plastic shoes
• 35 kilos of smoked fish

They go to the central market in Sikasso and in area villages to resupply. They sell in the markets of Kamalen Sirakoro, as itinerant vendors or from their homes, for cash and often on credit, to a customer base of both men and women.

They hope to reach average monthly earnings of 20,500 FCFA each, part of which will be used for savings and family expenses, the remainder being reinvested in the business.

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

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Translated from French by Kiva volunteer René McConnell

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