A loan of $2,550 helped a member to purchase condiments, such as salt, tomato paste, and onions.


Sabali Group's story

The group SABALI is composed of six married women, who average 39 years of age and five children each. The women live in traditional extended families in the FARABA district of Bougouni City. And they know one another through ties of community, friendship, and commerce.

To bolster their financial capacity, so as to have better businesses, they joined the the microfinance institution Soro Yiriwaso and are now on their sixth loan with it.

This group of women does commerce in condiments, as does AWA, who is the first woman standing from the left in the photo. She intends to use her loan to purchase 5 boxes of tomato paste, 250 kg of iodized salt, and 3 sacks of onions from wholesalers in Bougouni. She makes her sales retail to a mixed customer base paying with cash or credit at her home and at the market.

AWA envisions making an average monthly profit of 45,000 francs CFA that will be invested in her business and used to pay back the loan.

In this group: Awa, Fanta, Fatoumata, Batoma, Kadiatou, Haby
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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