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Danaya. Group
In this Group: Assetou , Sali , Nabesse , Kadia
The four members of the Danaya group are all married women who are 36 years old with 2 children each. They live in polygamous families in Mancourani, one of the most popular quarters of Sikasso town (the third largest administrative region of Mali). They are on their ninth loan with the Soro Yiriwaso microfinance organisation in order to better meet their customers' demands. Assetou T. is a member of the Danaya group and sells fruit for a living. She intends to use her loan to purchase four baskets of oranges, 20 bunches of bananas, 5 crates of apples and around thirty papayas. She sources her goods from Sikasso town and from the neighbouring areas, and re-sells them at the Mancourani market in Sikasso, as well as selling to her family. She takes cash sales from a customer base is made up of men and women. She aims to generate average monthly profits of 65,250 FCFA; some of this will be used to pay back her loan and its interest, and the rest will be put aside as savings.
View original language description ↓
Les quatre membres du groupe DANAYA sont des femmes mariées qui ont une moyenne d’âge de 36 ans, et ont en moyenne 2 enfants. Elles vivent la plupart dans des familles polygames à Mancourani I un des quartiers populaires de la ville de Sikasso (3ème région administrative du Mali).
Elles sont à leur neuvième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
ASSETOU T. fait le commerce de fruits dans ce groupe de femmes DANAYA.
Elle compte acheter avec son prêt 4 paniers d ‘oranges, 20 régimes de bananes, 5 cartons de pommes, une trentaine de papayes. Elle s’approvisionne à Sikasso ville et environnants. Elle les revend au marché de Mancourani I dans la ville de Sikasso et en famille à une clientèle composée d’hommes et de femmes, au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 65.250FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.

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
  • 129
    View loans »
    Mali Loans Fundraising
  • $11,290,050
    Funds lent in using Kiva
  • 466.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya. Group's $1,300 loan helped a member to purchase fruit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011