A loan of $1,125 helped a member to buy grains.

Sabali Group's story

The women of the group SABALI are all married, and they average 33 years of age and four children each. The women live in traditional conjugal extended families with their brothers, sisters, co-wives, children, and husband. And they reside in the Dougounina neighborhood of the village of BOUGOUNI (3rd administrative region of the Republic of Mali). They know one another through ties of commerce, kinship, and community.

In order to satisfy their clearly growing customer base, the group members decided to join the micro-finance institution Soro Yiriwaso and are now on their second group loan. The first one was properly repaid.

With this new loan, Ms. Fatoumata D. intends to buy 3 tonnes of grains (millet, fonio, peanuts, black-eyed peas, etc.) from producers of surrounding villages. Accepting cash or credit, she sells wholesale and retail at the house and at the Bougouni market. Her customer base is comprised of consumers and retailers.

With this loan, Fatoumata hopes to make a monthly profit of 55,000 francs CFA. Part of the profits will be used for her work, and the other part, for family expenses.

In this group: Ramata , Bamou , Fatoumata , Aminata , Djénébou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details