Check out some available loans that are similar to this one!
Danaya Group
In this Group: Marietou , Oumou , Maimouna, Ami , Elisa, Aminata
The six members of the Danaya group are married women, 38 years old on average, with three children each. They live in polygamous families in Hamdallaye, one of the most popular quarters of the town of Sikasso (in the third largest administrative region of Mali). They are on their eleventh loan with the Soro Yiriwaso microfinance organisation, with the aim of better serving their customers' needs. All previous loans have been successfully repaid. Ami K. is a member of the group and sells fish for a living. She aims to use her loan to purchase 55kg of fish (20kg fresh, 35kg smoked). She sources her goods from the large market of Sikasso, and sells them at the Hamdallaye market in Sikasso, as well as to her family. She takes cash sales from a customer base made up of men and women. She aims to generate average monthly profits of 32,000 FCFA, some of which will be used to pay back her loan and the interest, and the rest will be put aside as savings.
View original language description ↓
Les six membres du groupe DANAYA sont des femmes mariées ayant une moyenne d’âge de 38 ans, 3 enfants et vivant dans des familles polygames à HAMDALLAYE un des quartiers populaires de la ville de Sikasso (3ème région administrative du Mali).
Elles sont à leur onzième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Les prêts antérieurs ont été correctement remboursés.
AMI K. fait le commerce de poisson dans ce groupe de femmes.
Elle compte acheter avec son prêt une 55kg de poissons ( 20kg de frais et 35kg de fumés). Elle s’approvisionne au grand marché de Sikasso ville.
Elle les revend à une place fixe au marché de Hamdallaye de 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 32.000FCFA 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
  • 16
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    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 $1,625 loan helped a member to purchase fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011