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Danaya 7 Group
In this Group: Diata Bakari , Maimouna Issouf , Kadidia Madou, Awa Bamoussa , Binta Daouda , Kadidia Diaby , Adiara Diaby , Sitan Siaka, Djenebou Oumar, Lala Oumar
The members of the group "DANAYA 7" are married women, who average 39 years of age and four children each, and they all live in polygamous families in Bladiè, a village in Bougouni (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their tenth loan with the institution. The past loans were indeed paid back.

The crops grown are peanuts, millet, and rice, as is the case with DIATA BAKARI, who is the first person sitting from the left in the photo. With her loan, she intends to purchase some farm inputs and seeds and to pay for plowing to make use of 0.5 hectare.

After the harvest, the produce is sold at the village, in Garalo et Bougouni, to men and women customers. She plans on making a profit of 65,000 francs CFA per planting. This profit will enable her to pay back her loan and also to help her husband to cover day-to-day expenses.
View original language description ↓
Les membres du groupe DANAYA 7 sont des femmes mariées ayant une moyenne d’âge de 39 ans, 4 enfants et vivant toutes dans des familles polygames à Bladiè, un des villages de Bougouni, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur dixième prêt avec l’institution, les prêts passés ont été bien remboursés.
Les spéculations cultivées sont l’arachide , le mil et le riz avec DIATA BAKARI, 1ere assise de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labour pour exploiter 0.50 hectare.
La production est vendue au niveau du village, à Garalo et Bougouni, après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 65.000FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 510.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya 7 Group's $1,000 loan helped a member to purchase farm inputs and seeds and to pay for plowing for planting season.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014