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Danaya. Group
In this Group: Rokia , Rouky, Mawa, Kadia
The members of the Danaya group are married women with an average age of 36 and, on average, 4 children, who all live in polygamous families in Kolondieba, the third administrative region of Mali. The are working with the Soro Yiriwaso microfinance institution in order to keep carrying out their business activities. This is their third loan from the institution and they plan on repaying it.

Rouky (the second from the right in the photo) plans to use her loan to buy shoes so that she can resell them at the market with her family. She expects to make an average monthly profit of 7 500 francs. This profit will enable her to repay her loan and to support her husband with the daily expenses.
Les membres du groupe DANAYA sont des femmes mariées ayant une moyenne d’âge de 36ans, 4enfants et vivant toutes dans des familles polygames à KOLONDIEBA, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités à tout moment. Elles sont à leur troisième prêt avec l’institution et compte bien le rembourser.
Mme ROUKY (2me à droite sur la photo) compte acheter avec son prêt des chaussures pour les revendre au marché et en famille.
Elle compte réaliser un bénéfice mensuel moyen de 7 500FCFA.
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
  • 26
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 482.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya. Group's $425 loan helped a member to buy shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014