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A loan of $1,500 helped a member to purchase onions.

Danaya Group's story

The group Danaya is made of of 4 married women and 1 unmarried woman, with an average age of 38, and an average of 3 children each. The women live in traditional extended families in the Médine neighborhood of the village of Bougouni. These women came to know each other through relationships as neighbors, friends, and through business relationships.

To bolster their financial position in order to better operate their business, the women have joined the microfinance institution Soro Yiriwaso, through whom they are on their third loan. Their two previous loans were fully repaid.

Salimata, who is the first woman pictured on the left, purchases and resells condiments, such as onions. With the loan proceeds, she plans on purchasing 375 kg of onions from wholesalers in Sikasso. She makes her sales at the market and from home, at retail both in cash and credit, to a client base made up mostly of women. She hopes to earn an average monthly profit of 60,000 francs CFA, which will be reinvested into her business and to repay the loan.

In this group: Salimata , Awa , Badjegue, Adiara , Maimouna

Translator profile picture

Translated from French by Kiva volunteer Stephanie Long Phillips

Loan details

Lenders and lending teams

Loan details