A loan of $1,000 helped a member to purchase grains.

Sabali Group's story

The group SABALI comprises five women, all married and averaging 32 years of age and four children each. The women live in traditional extended families with their husbands, co-wives, brothers, and sons in the Hérémakono Nord district of Bougouni City. They know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to operate their businesses better, they joined the microfinance institution Soro Yiriwaso and are now on their second loan. The previous loan was indeed paid back.

This group of women does commerce in grains, as does SITAN, who is the first women on the right in the photo. She buys and sells grains and intends to use her loan to purchase 800 kg of corn from villagers. Accepting cash or credit, she makes her sales retail at the market and at home to a customer base composed essentially of women. She envisions making an average monthly profit of 25,000 francs CFA that will be reinvested in her work and used to repay the loan.

In this group: Sitan , Doussou , Djenebou , Djenebou , Maimouna

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details