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Danaya Group
In this Group: Kadiatou , Fatoumata , Djènèba , Oumou , Awa
Most of the five women who compose the Danaya group are married in polygamous families. They average 42 years of age and 4 children each, and they all live in the village of Sèmèbougou, in the rural commune of Pelengana, in the Ségou region (fourth administrative region of Mali). They know each other through family, marriage and neighborhood ties.

These women buy and sell rice, wax and damask fabrics, and various other goods such as tea, pasta etc. Eager to meet their customers' increasing needs, they have joined Soro Yiriwaso and this is their tenth solidarity loan.

Standing first from the left in the photo, Awa is an important seller of all grades of "bazin" or damask fabrics, in the village of Sèmèbougou as well as in the surrounding areas. She is planning to use her loan to buy seven sets of "bazin" fabrics, all printed differently. She buys damask fabrics from dyers in Ségou and resells them for cash or on credit to a customer base which, in her village, consists of both men and women. She also sells as an itinerant retailer in nearby villages, as well as at the market by the Ségou water tower.

Thanks to this loan, Awa is expecting average monthly profits to reach 70,000 CFA francs, which will be reinvested in her business and also used to pay her children's school fees and to buy the condiments that her family needs. Like the other women of the group, her goal is to use her partnership with Soro Yiriwaso to buy a plot of land in her commune's main town, to eventually build a house.
View original language description ↓
Les cinq femmes du groupe Danaya sont mariées majoritairement dans des familles polygamiques. Elles ont en moyenne 42 ans et 4 enfants. Elles habitent toutes dans le village de Sèmèbougou dans la commune rurale de Pelengana, région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de mariage et de parenté. Elles font l’achat et la vente du riz, d’articles divers (thé, pâtes alimentaires,...), des pagnes wax et bazins. Dans le but de satisfaire les besoins de plus en plus croissante de la clientèle, elles ont intégré Soro Yiriwaso et sont à leur 10ème cycle de prêt solidaire.
Madame, Awa (1ère femme debout sur la photo de la gauche vers la droite) est une grande vendeuse de pagnes bazins de toutes qualités dans le village de Sèmèbougou et ses environnants. Elle compte utiliser son prêt pour acheter sept pièces de pagnes bazins teintées différemment. Elle s’approvisionne en bazins avec les teinturières de Ségou. La revente se fait au comptant et à crédit à une clientèle composée d’hommes et de femmes dans le village, en ambulant dans les villages voisins et à la foire du marché château de Ségou. Avec ce prêt, Madame Awa espère réaliser un bénéfice mensuel moyen de 70 000 FCFA qui sera utilisé pour être réinvesti dans l’activité, prendre en charge la scolarisation des enfants et les besoins du foyer en condiments. A l’image des autres femmes du groupe, elle a pour objectif d’acheter un lot à usage d’habitation dans leur chef lieu de commune dans ce partenariat avec Soro Yiriwaso.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $2,200 loan helped a member to buy damask fabrics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012