A loan of $1,525 helped a member purchase of various articles for re-sale.

Danaya Group's story

The Danaya group of the Lafia association is made up of 5 women (four of them married and one single) who have an average age of 32 and 2 children. They mostly live in monogamous families in Ouayerma II, one of the neighborhoods of the town of Sikasso, third administrative region of Mali.

They work together with the micro-finance institution Soro Yiriwaso so as to satisfy the needs of their clientele and are on their fifth solidarity loan, all the preceding loans having been reimbursed correctly. They have various businesses, among others selling cloth, high quality "pagnes" (lengths of brightly colored African print cloth) and damask fabric, fruit, firewood, dyed products, etc.

With this new loan they expect to buy 3 wagonloads of firewood, 7 bolts of "pagnes", 5 outfits made out of damask, 6 stalks of bananas, 10 baskets of fruit, 20 cloth suits and 4 packs of coloring and ingredients for doing dyeing. They buy their goods at the market in Bamako, in Médine in the town of Sikasso and surrounding neighborhoods.

The merchandise is sold in the various markets of Sikasso and out of their families to a clientele composed of men and women, mostly for cash. They do their dyeing in their families' homes. They each expect to make an average monthly of 22,500 F CFA of which part will be used for family needs and the rest reinvested in their businesses.

The ambition of some of the women of the Danaya group is to be able to buy a lot on which to build a house; other members would like to start up businesses on their own.

In this group: Iya , Sanata , Mariam , Mariam , Fatou

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details