Funded

Total loan: $1,225
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Sabali Group

Mali
Bougouni, Mali / Used Clothing

A loan of $1,225 helped a member to buy second-hand clothing.


Sabali Group's story

The Sabali group is made up of five married women who average 38 years of age with six children each. They live in traditional extended families, with their husbands, other wives, brothers and sons in the Heremakono Nord district of the town of Bougouni (Mali's third administrative region).

They met each other through neighbors, friends and their businesses. In order to reinforce their financial capacity so that they can improve their trading activities, they joined the microfinance institution, Soro Yiriwaso, and are now on their third loan. The two previous loans were repaid in full.

This group of women sell clothing, including second-hand clothing and other articles.

Rokia, who is the president of the group, is sitting on the far right of the photo. She sells all sorts of second-hand clothes and is planning to buy two parcels of second-hand clothes with her loan from wholesalers in Bamako and Burkino Faso. She sells on the market and from home, on a retail basis, for cash and on credit, to a customer base made up of men and women. She is expecting to make an average monthly profit of 50,000FCFA, which will be used to reinvest in her business and repay her loan.

In this group: Kamissa , Baman , Awa , Salimata , Rokia
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Alison Le Bras



Loan details

Loan length:

7 months
Disbursed date: October 2, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: October 2, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children