A loan of $1,225 helped a member purchase of restaurant ingredients.

Sabaly Group's story

Sabaly is a group of 8 women within the Djiguitougou Association of the Hamdallaye neighborhood of San. The women know one another through parental and neighborhood ties. They are, on average, 29 years old. Married and the mother of at least 5 children, they run different businesses, such as the buying and selling of various articles. They live in large traditional families in San, in the San prefecture (region of Ségou, Republic of Mali).
In the interest of better profiting from their businesses and meeting the growing need of their customer base, the Sabaly group decided to join the Soro Yiriwaso credit program this year. They are on their first loan. Fatoumata S. expects to use her loan to buy 5 fifty kilogram bags of potatoes, 5 boxes of plantains, 2 boxes of macaroni, a 20 litre drum of cooking oil and other small ingredients. She runs her restaurant business at the end of a tarmac each evening from 6 p.m. and 1 a.m. She hopes to make a profit of 22,000 FCFA, a sum which will allow her to repay her loan and re-invest in her business. The other members of the group expect a profit of 19,000 FCFA per month. The women aspire to continue their partnership with Soro Yiriwaso.

In this group: Foune , Djeneba , Ramatou , Assetou , Awa, Fatoumata , Nana , Awa

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Translated from French by Kiva volunteer Martha Schmitz

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