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Danaya (La Confiance) Group
In this Group: Rabiata , Djénéba, Sitan , Aby , Nah
Danaya is a group of women from the first district of Koutiala. They know one another well and live in large traditional families with their husbands, children, and other relatives. They are married and average 40 years of age and four children each. This group of women does commerce in a variety of goods, such as clothing, condiments, and more. To expand their businesses, the group members decided to join the Soro Yiriwaso loan program. They are on their 19th group loan.

Rabiata is a member of the group Danaya. She is the one sitting in the middle with the items she sells. She intends to use her loan to purchase various products: charcoal and firewood. She procures these items in Koutiala and sells them retail for cash to a diverse customer base at the house and at the market.

While the other members of the group Danaya plan on making an average profit of 175,000 francs CFA each, over the course of this loan cycle, Ms. Rabiata plans on making 190,000 francs. In addition to repaying the loans, the women use part of the revenues to cope with personal expenses and to increase their business capital.
View original language description ↓
Danaya est un regroupement de femmes du 1er quartier de Koutiala qui se connaissent bien et qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 40 ans, sont mariées et ont en moyenne 4 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels les habits, de condiments et de divers etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur dix neuvième prêt de groupe.
Rabiata est un membre du groupe Danaya assise au milieu devant ses articles à vendre.
Elle compte utiliser son prêt pour acheter divers produits : charbon de bois et du bois de chauffe. Elle se procure de ces articles à Koutiala et vend en détail et au comptant à la maison et au marché et à une clientèle diverse.
Tandis que les autres membres du groupe Danaya comptent réaliser un bénéfice moyen de 175 000CFA chacune au cours de ce cycle Mme Rabiata compte réaliser 190 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnel et augmenter son fond de commerce.

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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya (La Confiance) Group's $1,500 loan helped a member to purchase a variety of goods, such as firewood and charcoal, to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014