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Danaya Group
In this Group: Fafoune , Aminata , Kotimi , Tenin , Toma , Assa , Farga
The women belonging to the Danaya group, the majority of whom are married and living in large traditional families, average 46 years of age with three children each. They all live in the village of Dallan in the region of Ségou (Mali's fourth administrative region) and got to know each other through neigbhbors, their professional activities and relatives. They buy and sell cosmetics, clothing, plastic cups and various other goods.

With a view to satisfying their ever-increasing and more demanding customers, the members of the group decided to join Soro Yiriwaso's loan program and are on their fourth group loan, having repaid in full the previous loans.

Tenin, who is the president of the association (standing second from the right in the photo) excels in the sale of cosmetics and jewelry. She is in great demand in Dallan and the surrounding areas. She is planning to use her loan to buy two dozen perfumes, five dozen body creams (particularly for this cold period) and a large quantity of jewelry in Bamako. She sells for cash, on a retail basis and on credit to a diverse customer base.

With this loan, Tenin is hoping to make an average monthly profit of 16,500FCFA, which will be used to reinvest in her activity and to help her husband in providing for the household's needs.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles élargies, les femmes du groupe DANAYA ont en moyenne 46 ans et 3 enfants. Elles habitent toutes le village de DALLAN dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de leurs activités professionnelles et de parenté. Elles font l’achat et la vente de produits cosmétiques, d'habillements, de tasses plastiques et de diverses marchandises.
Dans le but de satisfaire le besoin de leurs clientèles de plus en plus nombreuses et exigeantes, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur 4 eme prêt solidaire, après avoir correctement remboursés les prêts précédents.
Madame, TENIN présidente de l’association (2ème femme debout de la droite vers la gauche photo) excelle dans la vente de cosmétiques et de bijoux. Elle est très sollicitée à DALLAN et ses environs.
Elle compte utiliser son prêt pour acheter, deux douzaines de parfum 5 douzaines de crème pour la peau surtout en cette période de froid et une grande quantité de bijoux à Bamako. Elle effectue ses ventes au comptant, en détail et à crédit à une clientèle mixtes.
Avec ce prêt, Madame TENIN espère réaliser un bénéfice mensuel moyen
de 16500 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son conjoint dans la prise en charge des 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
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 511.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $700 loan helped a member to buy cosmetics.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 2, 2012
Nov 9, 2012
Currency Exchange Loss:
May 17, 2013