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Danaya Group
In this Group: Bawa , Alimata , Korotimi , Kiatou , Djènèbou
The five members of the group Danaya are married women who live in nuclear families. They average 47 years of age and two children each. They all live in the district of Bagadadji, in the city of Ségou, and they know one another as neighbors and coworkers, and trough ties of kinship. They buy and sell canaris (earthenware vessels), watermelons, kitchen utensils and wax pagnes.

To satisfy the needs of a growing customer base, the group joined the Soro Yiriwaso microfinance program, with which they have started their 3rd group loan cycle.

Djènèbou (standing first from the left) is a leading seller of various pottery items. She plans to use her loan to buy 200 canaris from local craftspeople.

She will sell her stock at retail, for cash or credit, to a clientele consisting mainly of women. She conducts her sales from her home and at the big market of Ségou.

She expects to earn an average monthly profit of 40,000 FCFA, which she will use to reinvest in her activity and to cover some of the household needs.
Mariées toutes dans des familles nucléaires, les cinq femmes du groupe Danaya ont en moyenne 47 ans et 2 enfants. Elles habitent toutes au quartier Bagadadji dans la ville de Ségou et se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu. Elles font l’achat et la vente de canaris, pastèques, ustensiles de cuisines et pagnes wax.
Dans le souci de satisfaire les besoins de leurs clientèles de plus en plus croissants, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso avec qui, elles sont à leur 3ème cycle de prêt solidaire.
Djènèbou (femme debout en première position sur la photo de la gauche vers la droite) est une grande vendeuse de matériels de poterie de toutes sortes. Elle compte utiliser son prêt pour acheter 200 canaris avec les artisanes de la place. Elle effectue ses ventes en détail au comptant et à crédit à une clientèle composée majoritairement de femmes, à domicile et au grand marché de Ségou. Avec ce prêt, Djènèbou espère réaliser un bénéfice mensuel moyen de 40.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge certains besoins du foyer.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 501.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $750 loan helped a member to buy canaris (earthenware) for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013