A loan of $525 helped a member purchase of various items.

Sabali Group's story

Sabali is a grouping of five women (three married and two widowed) who average 37 years of age and have an average of three children; the majority live in polygamous families in Hamdallaye, one of the districts of the town of Sikasso, the third administrative region of Mali.

They are collaborating with the micro-finance institution, Soro Yiriwaso, in order to satisfy their customers' needs and are on their first loan. They sell condiments, cola and shoes. With their loan they are planning to buy three packets of condiments, one basket of cola and five dozen pairs of plastic shoes.

They get their supplies at the big market in Sikasso town and in the neighboring villages. They sell at home, in markets and walking around the districts, for cash and often on credit, to a customer base made up of men and women.

They envisage making an average monthly profit of 20,000 FCFA each, of which part will be used for savings and family needs, and the rest invested in their business.

In this group: Fatoumta, Barakissa, Bintou, Awa, Korotoumou

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

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Loan details