A loan of $1,900 helped a member to buy rice.

Sabali Group's story

This seven women who make up this group called SABALI have an average age of 43, six children, and live mainly in traditional families. These women reside in the Massablacoura neighborhood in BOUGOUNI, third administrative region of the Republic of Mali. They met because of kinship and through their businesses.

Wishing to satisfy their clientele and grow their businesses, they decided to join the Micro-finance Institution Soro Yiriwaso in order to sell condiments, firewood, and cereals. The women are on their ninth group loan and the preceding loans were correctly reimbursed.

MAIMOUNA, who is the president of the group, second from the left, holding a water dipper in her hands, excels in selling grains. With this new loan she intends to buy 2.5 tons of rice of various sorts, from the producers, to be sold in the MASSABLACOURA area of Bougouni, retail and for cash, to a clientele composed of men and women. With this loan she hopes to make a monthly profit of 60,000 F CFA of which part will be used to reimburse the loan and the rest reinvested in her business.

In this group: Maimouna, Fanta, Maimouna, Rokia, Badiby, Mariam, Mamou

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Translated from French by Kiva volunteer Teresa Kramer

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