A loan of $600 helped a member to purchase beans.


Sabali Group's story

The four members of the group named Sabali are married and most of them live in polygamous families. On average they are 43 years old and have 4 children each. They live in Darsalam, a quarter in the village of Segou (fourth administrative region in the Republic of Mali). They are known through their various businesses in the market of Medine in Segou. The members of this group sell clothing and cereal grains.

With the goal of increasing their income and in order to satisfy the ever increase client deamnd, the members of the group integrated with Soro Yiriwaso (Kiva Field Partner). Currently they are on their ninth loan cycle.

Mrs. Koumba Ongoiba is the leader of the group in the Medine market in Segou where she sells beans, warmly nicknamed Koumba beans.

She will use her loan to purchase 300 kg of beans. In Segou she stocks her supply of beans in the surrounding villages in and in the market in Medine. She completes her sales in cash and in credit, selling to private homes but also in the market in Medine. Her clientele is mostly made up of women.

With the help of this loan Mrs. Koumba Ongoiba hopes to see a monthly income of 35 FCFA which will be reinvested back and the business, part will be placed in savings, and it will also pay for her children's schooling.

In this group: Koumba , Tata , Hawa , Mah

Translated from French by Kiva volunteer



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