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Danaya Group
In this Group: Nana Kadia , Assan , Eye , Fatoumata , Chata , Marietou
The women of the Danaya group are married women living in nuclear monogamous homes in Sélingué (a sub-district located 140 kilometers from Bamako). On average, they are thirty three years of age and have three children. They know each other by bonds of friendship and professional activities. This group of women excells in the sale of various items. They are on their second group loan after repaying the preceding loan without difficulty. They supply themselves in Sélingué and Bamako (capital of Mali) once a month and sell to Sélingué from a place on the street, on foot in the neighborhoods and to public and private businesses. With this loan they plan to buy, 35 sheets of cloth, 10 boxes of household soap and 40 kilograms of materials for making incense. They sell in the markets of Sélingué and Dalabala to a various and varied clientele. They hope to realize a monthly profit of 26,000 FCFA that will allow them to repay the loan and contribute to the family expenditures.
View original language description ↓
Les femmes du groupe Danaya sont des femmes mariées vivant dans des foyers monogames nucléaires à Sélingué (une sous-préfecture située à 140 kilomètres de Bamako) avec en moyenne d’âge trente trois ans et trois enfants.
Elles se sont connues par des liens d’amitié et d’activités professionnelles. Ce groupe de femmes excellent dans l’achat vente d’articles divers. Elles sont à leur deuxième prêt de groupe après avoir remboursé sans difficulté le précédent.
Elles s’approvisionnent à Sélingué et à Bamako (capitale du Mali) une fois par mois et revendent à Sélingué sur des étales ou en ambulant dans les quartiers et des les entreprises publiques et privées.
Elles comptent avoir avec ce prêt, 35 pagnes, 10 cartons de savons de ménage et 40 kilogrammes de matières premières pour la fabrication d’encens. Elles vendent sur le marché de Sélingué et Dalabala à une clientèle diverse et variée.
Elles espèrent réaliser un bénéfice mensuel de 26.000 FCFA qui permettra de payer l’échéance du prêt et contribuer aux dépenses familiales.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 157
    View loans »
    Mali Loans Fundraising
  • $11,260,000
    Funds lent in using Kiva
  • 440.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $700 loan helped a member to buy cloth, soap and materials for making incense.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Nov 7, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010