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Danaya Group
In this Group: Madjan , Assetou , Karia , Kiatou , Assitan
The members of the Danaya group, part of the Benkadi Wolemekin association, are married women. Their average age is 27, and they have three children each on average. With their husbands and children, they belong to large traditional extended families. They live in the town of Diolla in the Koulikoro region of the Republic of Mali. To help out their husband, they trade in a variety of items. They are known for their ties to their families and their neighbors. They belong to Soro Yiriwaso, a microfinance institution, in order to put their business on a firmer future footing. Currently, they are on their second group loan. The first one was paid back with no problems.

With the next loan, they plan to buy fruit and vegetables in bulk in nearby villages and to buy other miscellaneous items in Bamako. Everything will be sold in Dioïla. Their customers are both women and men.

They hope that they will each make 25,000 CFA a month. Part of their earnings will be reinvested in the business, and the rest will pay day-to-day family expenses.
View original language description ↓
Les membres du groupe Danaya de l’association Benkadi Wolemekin sont des femmes mariées ayant une moyenne d’âge de 27 ans et 3 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans la ville de Dioïla, préfecture de Dioïla, Région de Koulikoro, République du Mali.
Elles se sont connues par des liens de voisinage et de parentés. Elles exercent le commerce d’articles divers pour aider leur mari. Ces femmes ont intégrés l’institution de microfinance Soro Yiriwaso dans le but de pérenniser leurs activités lucratives.
Elles sont à leur deuxième prêt solidaire et le prêt précédent a été correctement remboursé.
Avec ce prêt elles comptent acheter, une grande quantité de fruits et légumes et bien d’autres articles divers. Les articles divers sont achetés à Bamako, les fruits et légumes sont achetés sur place et dans les villages environnants et sont revendus sur place à Dioïla à une clientèle composée de femmes et d’hommes.
Elles comptent réaliser un bénéfice mensuel de 25 000FCFA par personne. Les bénéfices sont d’une part réinvestis dans l’activité et d’autre part dans les dépenses quotidiennes de la famille.

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
  • 6
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 439.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $875 loan helped a member purchase various products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010