A loan of $1,275 helped a member buy cosmetics.


Sabali Group's story

Mostly married in monogamous households, the six members of the Sabali group are on average 26 years old with three children. They all live in Kanadjiguila (in the Mande district, part of the Kati circle) and became acquainted through neighborhood ties and their income-generating activities at the Kanadjiguila market.

The group members are retail traders of cosmetics (ointments, perfumes and hair extensions), plastic shoes, sand, rice, kitchen utensils, beverages and clothing. To increase their stock-in-trade, the group decided to work with Soro Yiriwaso and are on their first group loan cycle.

Mrs. Aminata (the woman at the far right in the photo) is a vendor of high-quality cosmetics (ointments, perfumes and hair extensions). She intends to use her loan to buy three cartons of perfumes, five cartons of ointments, and 10 packages of hair extensions in Bamako. Retail sales are conducted in Kanadjiguila to a clientele composed mostly of women.

Mrs. Aminata expects this loan will generate an average monthly profit of 50,000 CFA francs, to be reinvested in the business and used to meet small household needs.

In this group: Takariba , Sira , Assétou , Fatim , Aminata , Aminata

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Translated from French by Kiva volunteer René McConnell



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