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Danaya Group
In this Group: Mariam , Batoma , Kadia, Fanta
The group DANAYA comprises two married women and two widows. The women average 40 years of age and six children each living in traditional families in DOUGOUNINA, a district in Bougouni City (3rd administrative region of the Republic of Mali). The women are on their seventh collaboration with the microfinance institution Soro Yiriwaso to meet the needs of their customers, and they trade in grains through Batoma, plus they sell condiments and vegetables.

Batoma, who has a yellow container in front of her in the photo, intends to use her loan to buy 800 kg of corn. She gets her supplies from peasant farmers in neighboring villages. Accepting cash or credit, she makes her sales retail at her house and at the market. Her customer base is composed of men and women.

She envisions making an average monthly profit 30,000 francs CFA. Part of the profits will be used to support her husband in meeting day-to-day expenses, and the other part will be invested in the businesses.
View original language description ↓
Le groupe DANAYA est constitué de 2 femmes mariées et 2 veuves ayant en moyenne 40 ans, 6 enfants et vivant dans des familles traditionnelles à DOUGOUNINA, un des quartiers de la ville de Bougouni (3ème région administrative du Mali).
Elles sont à leur septième collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Ce groupe de femmes fait le commerce de céréales à travers BATOMA, de la vente de condiments et du jardinage.
BATOMA, qui a un bidon jaune devant elle sur la photo, compte acheter avec son prêt, 800 kilos de maïs. Elle s’approvisionne auprès des paysans producteurs des villages voisins. Elle effectue sa vente à domicile et au marché à une clientèle composée de femmes et d’hommes, en détail, au comptant et à crédit.
Elle envisage réaliser un bénéfice mensuel moyen de 30.000.FCFA par mois dont une partie sera utilisée pour l’appui de son mari dans les dépenses quotidiennes et l’autre partie sera investie 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
  • 6
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 497.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $825 loan helped a member to buy grains.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012