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Danaya Group
In this Group: Fatoumata , Fatoumata , Sali , Fatoumata , Mamou, Fantani , Ami , Hawa
The members of the group Danaya are eight women, seven of whom are married and one of whom is single, and are for the majority in polygamous families. They are on average 31 years old and have two children. They live in the Médine area of the city of Ségou (4th administrative region of the Republic of Mali). They met through a shared interest in retail activities that they each carry out in the same area of the Médine market and also live in the same area and are all members of a traditional association of mutual aid.
After have correctly reimbursed the previous three loans, they are currently on their fourth group loan from Soro Yiriwaso. This loan enables them to purchase 6 bags of large, fresh onions, 18 buckets of ground nut paste, 6 large boxes of tomato concentrate, 5 kilos of pepper, 4 packets of diverse bouillon cubes of the brand name Maggi, 30 baskets of fresh fish [mostly brown bullhead fish], 24 liters of cooking oil, 4 bags of rice and 10 packages of calabash.
They stock up in the various markets in Ségou and at the fairs in Kolongo and Tona. They generally re-sell the products in markets as well as traveling sales persons in neighborhoods to a clientele of both women and men. They hope to each make a monthly profit of 31,875 FCFA [approximately 73 USD] which would serve to pay back loans, to purchase education materials, to pay school co-operatives and to take part in social events.
View original language description ↓
Les membres du groupe Danaya sont au nombre de huit femmes dont une célibataire et 7 mariées, majoritairement dans des familles polygames. Elles ont en moyenne 31 ans, 2 enfants et habitent dans le quartier Médine de la ville de Ségou (4ème Région administrative de la république du Mali).
Elles se sont connues à travers des activités de commerce qu’elles mènent dans le même marché de Médine, à la même place de vente, habitent le même quartier et sont toutes membres d’une association traditionnelle d’entraide.
Après avoir correctement remboursés les trois prêts précédents, elles sont à leur 4ème de prêt solidaire avec Soro Yiriwaso.
Ce prêt servira à acheter, 6 sacs de gros oignons frais, 18 seaux de pâte d’arachide, 6 grandes boites de concentrée de tomate, 5kg de poivre, 4 paquets de divers cubes maggi, 30 paniers de poissons frais essentiellement constitués de silures, 24litres d’huile alimentaires, 4sacs de riz et 10 colis de calebasses.
Elles s’approvisionnent dans les différents marchés de Ségou, à la foire de Kolongo, et de Tona. La vente se fait généralement dans les marchés, en ambulant dans les quartiers, au comptant et à crédit à une clientèle composée de femmes et d’hommes.
Elles espèrent réaliser un bénéfice moyen mensuel de 31.875FCFA qui servira à rembourser les prêts, à acheter des fournitures scolaires, à payer les coopératives scolaires et à participer aux événements sociaux.

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

  • $1,100
    Average annual income
  • 22
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 434.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD