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Danaya Group
In this Group: Awa , Mah , Kadiatou, Aminata , Yassa
The Danaya group is made up of 5 married women whose members live mostly in traditional families and have an average age of 39 and, on average, 4 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 sell soaps, shea butter, yams, ginger and wheat flour. The group joined Soro Yiriwaso in order to increase their business and are on their 4th group loan cycle.

Yassa (sitting on the far right of the picture) is the group member who sells wheat-flour fritters. She plans to use her loan to buy 2 bags of wheat flour, one bag of sugar, one 5-litre can of oil and a small box of bicarbonate. She gets her supplies from the wholesalers and makes her sales from her home and at the market, for cash, to a retail clientèle composed of children and women. Yassa expects this loan to enable her to make an average monthly profit of 25 000 francs, which will be reinvested in her business and used to support her husband with some of the family expenses.
Constitué de 5 femmes mariées, les membres de groupe Danaya vivent majoritairement dans des familles traditionnelles avec une moyenne d’âge de 39 ans et 4 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 de savons, beurres de karité, d’ignames, gingembre et de la farine de blé.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 4ème cycle de prêt solidaire.
Madame Yassa (assise 1ère à droite sur la photo) est la vendeuse de la friture de farine de blé du groupe. Elle compte utiliser son prêt pour acheter, 2 sacs de farine + 1sac de sucre + 1bidon de 5 litres d’huile et 1 petit carton de bicarbonate.
Elle s’approvisionne auprès des grossistes et effectue ses ventes en détail, au comptant, à domicile et au marché, à une clientèle composée d’enfants et de femmes.
Madame Yassa compte réaliser avec ce prêt un bénéfice mensuel moyen de 25.000 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
  • 37
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 500.4
    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 wheat flour, one bag of sugar, one 5-litre can of oil and a small box of bicarbonate.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013