Funded

Total loan: $750
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Sabaly Group

Mali
Sikasso, Mali / Grocery Store

A loan of $750 helped a member to purchase onions.


Sabaly Group's story

The five members of the group called Sabaly are married women; on average, they are 38 years old and have two children each. The live in monogamous families in Mancourani Natien, one of the neighborhoods of the city of Sikasso (third administrative region of the Republic of Mali).

In order to satisfy the needs of their clientele, this is their fifth collaboration with the micro-finance institution Soro Yiriwaso. All of their previous loans have been fully reimbursed. This group of women have businesses selling clothes and food, such as onions. For example, Kadiatou Diabete intends to purchase eight 100 kilogram sacks of onions with her loan. She will purchase her supplies in the large market of Médine and in the towns neighboring the city of Sikasso. She will resell the goods in the large market of Sikasso and from her home at retail prices, for cash and often for credit. Her clientele is composed mostly of women.

She hopes to earn an average monthly income of 27.500 FCFA, one part of which she will use for her family's expenses and the rest she will re-invest in her business.

In this group: Awa , Djonta , Kadiatou , Sirantou , Minata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Margot Bonner



Loan details

Loan length:

7 months
Disbursed date: August 25, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: August 25, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children