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Danaya Group
In this Group: Amina, Rokia, Adiaratou, Awa, Mawa, Habi
The Danaya group is made up of 6 married women who have an average age of 42 and, on average, 4 children. They live in traditional, extended families in the district of Heremakono Nord, in Bougouni town. They got to know each other thanks to neighbourly and business relationships and friendships. They decided to join the Soro Yiriwaso microfinance institution in order to strengthen their financial capacity and better do business, and are on their 3rd group loan. The 2 previous loans have been correctly repaid.

Amina, standing on the far right in the picture, is the group member who sells sugary drinks. She plans to use her loan to buy 46 cases of sugary drinks from the wholesalers in Bougouni. She makes her sales for cash or credit, at the market and at home, to a retail clientèle mostly made up of women. She expects to make an average monthly profit of 50 000 francs which will be reinvested in her business and used to repay the loan.
Le groupe DANAYA est constitué de 6 femmes toutes mariées ayant une moyenne d’âge de42 ans et 4 enfants. Elles vivent dans des familles traditionnelles élargies dans le quartier Heremakono Nord de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur 3éme prêt. Les 2 précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de boissons sucrées à l’image de AMINA qui est la 1ére femme debout dans la photo de la droite vers la gauche. Elle compte acheter avec son prêt, 46 casiers de boissons sucrées avec les grossistes de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 50.000FCFA qui sera investi dans les activités et rembourser le prêt.

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

  • $1,100
    Average annual income
  • 13
    View loans »
    Mali Loans Fundraising
  • $11,524,125
    Funds lent in using Kiva
  • 490.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD