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Danaya. Group
In this Group: Sitan , Oumou , Maimouna , Afou
The 4 female members of the Danaya group are married and mostly live in traditional family settings. They have an average age of 33 and, on average, 2 children. They all live in the town of Sikasso (3rd administrative region of Mali) and got to know each other thanks to family and neighbourly relationships, and marriage. The group members are all small retailers, selling kitchen utensils, bananas, yams, ice, juice and various fruit. They decided to join Soro Yiriwaso in order to increase their business, and are on their 3rd group loan.

Afou, on the left of the picture, sitting at the back, is the group member who sells fruit. She plans to use her loan to buy a dozen baskets of bananas. She gets her supplies from farmers and wholesalers and makes her sales, for cash or credit, door-to-door and at the market, to a retail clientèle composed mainly of women. Afou expects to make an average monthly profit of 22 000 francs which will be reinvested in her business and used to help her husband with some of the family expenses.
Constitué de 4 femmes mariées, les membres de groupe DANAYA vivent majoritairement dans des familles traditionnelles avec une moyenne d’âge de 33 ans et 2 enfants. Elles habitent toutes dans la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de mariage.
Les membres du groupe font le petit commerce, des ustensiles de cuisines, bananes - ignames, glaces - jus et des fruits diverses.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégrés Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame AFOU en arrière (assise à gauche sur la photo) est la vendeuse de fruits du groupe. Elle compte utiliser son prêt pour acheter une dizaine de paniers de bananes.
Elle s’approvisionne auprès des paysans producteurs et des grossistes et effectue ses ventes en détail, au comptant et à crédit, à domicile et au marché, à une clientèle composée essentiellement de femmes.
Madame AFOU compte réaliser avec ce prêt un bénéfice mensuel moyen de 22.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et aider son mari dans certaines dépenses familiales.

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
  • $9,921,450
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya. Group's $400 loan helped a member to buy bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013