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Danaya Group
In this Group: Diarata , Diarata, Fatoumata B , Awa , Kadia , Mawa *, Aminata
* not pictured
Most of the seven women of the Danaya group are married within traditional families. They are, on average, 47 years old with six children each. They all live in the hamlet of Bougoula, a neighborhood of the city of Sikasso (third administrative region of Mali) and they know one another through neighborhood, family and professional ties.

They sell soap and rice, and are also involved in the preparation and sale of soumbala (a traditional condiment prepared from néré seeds).

They have joined the microfinance institution Soro Yiriwaso in order to increase their businesses, and this is their eighth solidarity loan cycle.

Aminata (standing in the middle of the group) plans to use her loan to buy ten baskets of soumbala (each basket weighing 30kg), 50 kg of onions and one box of Maggi bouillon cubes.

She buys her merchandise locally in Bougoula and Sikasso and then resells to a customer base which consists of men and women.

Thanks to this loan, she is expecting to make an average monthly profit of 45,000 CFA francs which will be reinvested in her business and also used to take care of some household needs.

Note: There are only six women on the photo, as Mawa, another group member, is absent for personal reasons.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles avec une moyenne d’âge de 47 ans et 6 enfants, les sept femmes du groupe DANAYA habitent toutes dans le quartier Bougoula hameau de la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de leurs activités professionnelles. Elles font de la vente de savon, de riz, de la fabrication et vente de soumbala.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe intègrent Soro Yiriwaso et sont à leur 8ème cycle de prêt solidaire.
Madame AMINATA, debout au milieu, compte utiliser son prêt pour acheter, 10 paniers de 30 kg de soumbala, 50 kg d’oignons, 1 carton de cube maggi . Elle s’approvisionne sur place à Bougoula et à Sikasso ensuite fait la vente à une clientèle composée d’hommes et de femmes. Madame AMINATA compte réaliser avec ce prêt un bénéfice mensuel moyen de 45.000 francs CFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge certains besoins du foyer
NB/ Sur la photo elles sont au nombre de 6, c’est la nommée MAWA qui est absente pour des raisons personnelle.

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
  • 153
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    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 $2,450 loan helped a member to buy condiments (soumbala, onions and bouillon cubes).
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014