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Danaya Group
In this Group: Baoula , Bakourou , Bakoro , Batta, Awa , Sanataba , Bakourou, Mamou
The women in the Danaya group are 34 years old on average, and have an average of three children. They all live in traditional extended families in Kancene, a village in the cercle of Tominian (in the 4th administrative region of Mali).

The women are all related and are involved in trading food products, such as condiments, and other goods.

Having successfully repaid all their previous loans, the women in the Danaya group are requesting their 4th solidarity loan.

Baoula, pictured standing on the far right, intends to use her loan to buy 20 sacks of groundnuts, baskets of peppers, fresh tomatoes, onions, aubergines and baskets of cereals.

The women buy their supplies in Kancene. They sell their goods in Kancene and at local stalls to individual customers for cash or on credit. Their clientele includes both men and women.

The group hope to make a monthly average of 50 000 CFA francs, which will be spent on healthcare, food, school fees and reinvesting in their businesses.
View original language description ↓
Les femmes du groupe DANAYA ont en moyenne 34 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies à KANCENE, un des villages du cercle de Tominian (quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente de produits alimentaires tels les condiments alimentaires, et produits divers.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe DANAYA sont à leur 4 eme prêt solidaire. BAOULA 1 ère personne debout de la droite vers la gauche sur la photo compte utiliser son prêt pour acheter, 20 sacs d’arachide, des paniers de poivres, tomates fraîches, oignons, aubergines et des paniers de grains de céréales. Elles s’approvisionnent à KANCENE. Elles effectuent ses ventes, à KANCENE et dans les foires environnantes, au comptant, en détail et à crédit, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser un bénéfice moyen mensuel de 50 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti dans les activités.

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
  • 6
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $3,350 loan helped a member to buy produce.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014