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Danaya Group
In this Group: Kadiatou , Assetou , Paye , Oumou
Group Danaya is composed of four married women, mainly from polygamous families. They are on average 46 years old with four children each. They all live in the Hamdallaye area in Segou (Mali's fourth administrative region), and they got to know each other through their for-profit activities at the 'Chateau de Segou' market. The group members trade in various items: clothes (wax-style and brocade fabrics), fruits (bananas and mangoes), groundnuts and firewood.
Needing to increase their working capital, the group members decided to partner with Soro Yiriwaso and are on their eight solidarity loan.
Oumou, the second woman from the right in the picture, wearing a black scarf, sells groundnuts year round in the Hamdallaye area and in the 'Chateau de Segou' market. She plans on using her loan to buy three bags of fresh unshelled groundnuts wholesale from Seribala growers. She retails to a mixed-gender clientele from her home, door-to-door and in the 'Chateau de Segou' market, and accepts cash or credit.
With this loan, Oumou hopes to make an average monthly profit of 15,000 CFA, which will be used to reinvest in her activity and to pay for her children's healthcare.
View original language description ↓
Le groupe Danaya est composé de quatre femmes mariées majoritairement dans des familles polygames. Elles ont une moyenne d’âge de 46 ans et 4 enfants par femme. Elles habitent toutes le quartier Hamdallaye de Ségou (4ème Région administrative du Mali) et se sont connues à travers leurs activités génératrices de revenus au marché Château de Ségou. Les membres du groupe font le commerce d’articles divers : des habits (pagnes wax et bazins), des fruits (banane et mangue), de l’arachide et du bois de chauffe.
Dans le besoin d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 8ème prêt solidaire.
Oumou, qui est la deuxième femmes debout à droite, une écharpe noire au cou, vend de l’arachide durant toute l’année dans le quartier Hamdallaye et au marché Château de Ségou. Elle compte utiliser son prêt pour acheter, 3 sacs d’arachide en gousse frais en gros avec les producteurs à Seribala. La revente se fait au comptant et à crédit à domicile, en ambulant et au marché Château de Ségou à une clientèle mixte.
Oumou espère réaliser avec ce prêt un bénéfice mensuel moyen de 15 000FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge les soins de santé des enfants.

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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 453.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $450 loan helped a member to buy groundnuts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012