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Danaya Group
In this Group: Alima , Noumoutenin , Awa , Kadiatou , Saran , Djeneba
The members of the Danaya group are all married women, averaging 35 years of age with five children. They all live in traditional extended families in the town of Fana, Koulikoro Region (the second administrative region of the Republic of Mali). They know each other through family, friendship and neighborhood ties. They prepare food for sale and sell fresh fish, fruits and yams. The members of the Danaya group are on their third solidarity loan.

Noumoutenin, the first one standing on the left, plans to buy two baskets of fresh fish from suppliers from Fana and Dioila in order to resell them locally, out of her home and at the Fana market, for cash and on credit, to a customer base composed of both men and women.
She plans to achieve an average monthly revenue of 75,000, which will be used for family needs, with part of the revenues reinvested in her business.
View original language description ↓
Les femmes du groupe Danaya, toutes mariées, ont en moyenne 35 ans, 5 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Fana , Région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font la restauration, le commerce de poissons frais, de fruits et des tubercules.
Les femmes du groupe Danaya sont à leur troisième prêt solidaire.
NOUMOUTENIN, première personne à partir de la gauche dans le rang des debout, compte acheter deux paniers de poisson frais avec les fournisseurs de Fana et de Dioïla pour ensuite les revendre sur place à la maison et au marché de Fana, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice moyen mensuel de 75.000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de commerce.

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
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 500.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $1,500 loan helped a member to buy fresh fish.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2012