A loan of $1,050 helped a member buying various goods.

Sabali Group's story

The group Sabali of the association Djekadi is composed of ten married women of the city of Tominian, region of Ségou (4th administrative region of the Republic of Mali).  The women live in traditional families, average 31 years of age, and have least four children.  For about ten years, the women do commerce in a variety of items, such as soap, fish, grains, condiments, and store products, and they work in food catering, etc.

To make their businesses profitable, the group members decided to join the loan program of the micro-finance institution Soro Yiriwaso about a year ago. 

The group's president Mougnoussi Sangaré is working in general commerce with her store called "Diverma", where you can find soap, holiday items, household products, and various other store goods.  She plans on using her loan to buy packets of different products from wholesalers in San and from Bamako.  These goods will be sold retail, for cash and sometimes on credit, in Tominian, to a rich and varied customer base. 

Mougnoussi envisions making a profit of 22,500 francs CFA per month that will be used to expand her store.

In this group: Mougnoussi, Henriette, Dousou, Marie, Rosine, Sali, Elisabeth, Rowe, Anouss, Mata

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Translated from French by Kiva volunteer Daniel Kuey

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