A loan of $1,775 helped a member to purchase used clothing to sell.


Sabaly Group's story

The group SABALY comprises six women, all married, who average 45 years of age and four children each. The women live in traditional extended families with their husbands, co-wives, brothers, and sons in the Heremakono Nord district of Bougouni City. The women know one another through ties of community, friendship, and commerce.

To bolster their financial capacity, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their fifth loan. The four previous ones were properly repaid.

This group of women does commerce in clothing and secondhand clothing, as is the case with ROKIA, who is seated and holding papers in the photo. She intends to use her loan to purchase 3 packets of secondhand clothing from wholesale merchants in Bamako. Accepting cash or credit, she makes her sales to a customer base composed of essentially women at the market and at her house.

She envisions making an average monthly profit of 70,000 francs CFA that will be used to reinvest in her business and to pay back the loan.

In this group: Rokia , Sali , Bamon , Awa , Kemissa , Djeneba
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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Loan details