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Danaya Group
In this Group: Marie , Mariam , Mariam , Fanta , Assetou
The Danaya group is made up of five women from Tominian (the fourth largest administrative region of Mali) who met through family and neighbours. They are all around 42 years-old, married with four children on average. They are involved in various business activities: selling various products, clothes and condiments. In order to upscale their business, the members have decided to seek a second loan from Soro Yiriwaso.
The women in the Danaya group source their goods from San and Bobo, and sell them at the Tominian market and in the surrounding villages.
A group member called Mariam B. takes the ferry between Tominian and Burkina in order to trade her goods. She buys and sells silk and bed linen. She hopes to use her loan to purchase 5 rolls of silk and 6 dozen bedsheets, and aims to generate monthly loans of 42,000 FCFA and the other women aim to generate 39,000 FCFA. Apart from repaying the loans they will use part of their revenue to see to their family's needs.
View original language description ↓
Le groupe Danaya est un regroupement de cinq femmes de la ville de Tominian (quatrième région administrative du Mali). Elles se sont connues à travers des liens de parenté et de voisinage. Elles sont toutes mariées. Elles ont en moyenne 42 ans et une moyenne de 4 enfants.
Elles mènent différentes activités commerciales: vente d’articles divers, d’habits et de condiments.
Pour augmenter la taille de leurs activités, les membres ont décidés d’intégrer le programme crédit de Soro Yiriwaso avec qui elles sont à leur 2ème cycle de prêt solidaire (prêt de groupe).
Les femmes du groupe Danaya s’approvisionnent en marchandises à San et à Bobo. Elles vendent au marché de Tominian et dans les villages environnants de la ville de Tominian.
Dans le groupe figure une femme du nom de Mariam B. qui fait la navette entre Tominian et le Burkina dans le cadre de son activité. En effet elle fait l’achat et la vente des tissus en soie et des draps de lit.
Avec son prêt elle compte acheter, 5 balles de tissus en soie et 6 douzaines de draps de lit.
Elle compte sur un bénéfice mensuel de 42000FCFA tandis que les autres du groupe espèrent sur un profit mensuel de 39000 FCFA
En dehors des remboursements de prêt elles utilisent une partie de leur revenu pour faire face aux dépenses de leur 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
  • 10
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 535.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $950 loan helped a member purchase of clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 4, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010