Check out some available loans that are similar to this one!
Danaya Group
In this Group: Magnon , Mah , Awa , Kandia
The members of the group Danaya average 36 years of age and one child each, all living in traditional families in the Heremakono Centre district of Bougouni City. The women know one another through ties of community, friendship, and business. To bolster their financial capacity, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their third loan. This group of women does commerce in clothing, fruit & vegetables, and food service.

Magnon, who is the only one seated in front in the photo, works in food service and in selling fruit & vegetables. She intends to use her loan to purchase 5 cart loads of bananas from producers in the Bougouni area. She makes her retail sales at the market and at home. She accepts cash or credit from a customer base composed of men and women.

She envisions making an average monthly profit of 65,000 francs CFA that will be used for: investing in her businesses, covering healthcare costs, and repaying the loan.
View original language description ↓
Les membres du groupe Danaya qui ont une moyenne d’âge de 36 ans et 1 enfant vivent toutes dans des familles traditionnelles dans le quartier Heremakono Centre de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur troisième prêt. Ce groupe de femmes fait le commerce des habillements, des fruits et légumes et de la restauration.
Magnon, qui est la seule assise devant fait de la restauration et de la vente des fruits et légumes. Elle compte acheter avec son prêt, 5 chargements de charrettes en bananes auprès des producteurs dans les villages voisins de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 65.000FCFA qui sera investi dans les activités, pour les frais de santé et rembourser le prêt.

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

  • $1,100
    Average annual income
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 492.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD