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Danaya Group
In this Group: Assan, Kadia , Setedia, Assan , Binta
The women of Danaya Group ("Confidence") are all married. On average, they are 47 years old and have three children. They live in extended traditional families in the city of Barouéli, prefecture of Barouéli, region of Ségou (fourth administrative region of the Republic of Mali). They know each other through ties of kinship.

They sell milk and clothing and work in catering. This is their twelfth solidarity loan which they will use to buy heads of slaughtered animals, milk and clothes.

Assan D. buys every day heads of slaughtered animals from the local butchers. She cooks them in a sauce and sells them, for cash and credit, to a clientele made up of women and men.

She expects to make an average profit of 30,000 CFA francs a month, which she will use to pay the installments of the loan, and provide her family with health care, food and tuition fees. Any remaining amount will be reinvested in her business.
View original language description ↓
Les femmes du groupe Danaya, toutes mariées, ont en moyenne 47 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Barouéli, préfecture de Barouéli ; Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté et font le commerce du lait, des habillements et font de la restauration.
Les femmes du groupe Danaya sont à leur douzième prêt solidaire qui sera utilisé pour acheter des têtes d’animaux abattus dans les abattoirs, du lait et des tissus.
ASSAN D. s’approvisionne en têtes d’animaux quotidiennement avec les bouchers de la place, qu’elle prépare dans la sauce pour ensuite revendre, au comptant et à crédit, à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 30 000FCFA qui sera utilisé pour payer les échéances du prêt, prendre en charge les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti dans les activités.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,309,100
    Funds lent in using Kiva
  • 493.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $1,275 loan helped a member to buy heads of slaughtered animals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2010
Listed
Dec 31, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011