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Sabaly Group
In this Group: Sanata , Sitan , Mafoune , Wassa
The four members of the group SABALY are essentially married women averaging 35 years of age and four children each. The women live for the most part in monogamous families in Kamalen Sirakoro, a district in Sikasso City. They are on their eleventh loan with the microfinance institution Soro Yiriwaso in order to meet the needs of their customers.

WASSA does commerce in fruit & vegetables in this group of women. She is the one standing second from the right in the photo. She intends to use her loan to purchase 25 baskets of bananas (sweet and plantain), 6 baskets of papayas, and 15 baskets of oranges, which she resells locally and at the Sikasso market. The sales are made in cash by the family at the retail level. Their customer base is composed mostly of women.

She envisions making an average monthly profit of 22,000 francs CFA. Part of the profits will be used to repay the loan and cover the interest, and the other part will go toward her savings.
View original language description ↓
Les quatre membres du groupe SABALY sont essentiellement des femmes mariées avec une moyenne d’âge de 35 ans, et en moyenne 4 enfants. Elles vivent la plupart dans des familles monogames à Kamalen Sirakoro un des quartiers de la ville de Sikasso.
Elles sont à leur onzième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
WASSA fait le commerce de fruits et légumes dans ce groupe de femmes de SABALY. Elle se tient debout en deuxième position de la droite vers la gauche.
Elle compte acheter avec son prêt 25 paniers bananes(douce et plantain), 6 paniers papayes et 15 paniers d’orange qu’elle revend sur place et au marché de Sikasso les ventes sont effectuées en détail sur place en famille à une clientèle composée pour la majeur partie de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 22 000FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne .

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,100
    Average annual income
  • 25
    View loans »
    Mali Loans Fundraising
  • $12,494,400
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD