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Danaya Group
In this Group: Mama, Gnanti , Magne, Sitan, Sama, Mariam , Mamou , Magne
The group DANAYA is composed of married women, who average 35 years of age and 4 children each. They all live in traditional families in the village of TONGA, in Commune de Wacoro, Préfecture de Dioila, Région de Koulikoro (2nd administrative region of the Republic of Mali). The women know one another through ties of kinship, community, and friendship. They do commerce in peanuts, grains, soap, condiments, and 'farine cuite'.

The women of the group DANAYA are on their third solidarity loan. To satisfy the enormous customer demand, they turn to the microfinance institution Soro Yiriwaso.

For societal reasons, this client, MARIAM, the second person standing from the right, has been a vendor of peanuts in the village of Tonga for over two years. It is a business she learned from her parents. She intends to purchase 125 kg of unshelled peanuts, which will be shelled to be sold retail to a mixed customer base at the house or at the market. She plans on making a monthly profit of 10,000 francs CFA which will be used to cover family expenses.
View original language description ↓
Le groupe DANAYA est composé de femmes mariées qui ont en moyenne 35 ans et 4 enfants. Elles vivent toutes dans des familles traditionnelles dans le village de TONGA commune de Wacoro
préfecture de Dioila, Région de Koulikoro (deuxième région administrative de la République du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce, d’arachide, de céréales, du savon, de condiments, de la farine cuite. Les femmes du groupe DANAYA sont à leur troisième prêt solidaire. Dans le but de satisfaire la demande énorme de la clientèle, elles font recours à SORO YIRIWASO.
Pour des raisons sociales, la cliente MARIAM la deuxième personne à partir de la droite dans le rang debout est une vendeuse de grain d’arachide dans le village de Tonga depuis plus de deux ans, chose qu’elle a apprise avec ses parents. Elle compte acheter 125kg d’arachide non décortiqué. L’arachide sera décortiquée pour être vendue en détail à la maison ou au marché à une clientèle mixte. Elle compte réaliser un bénéfice mensuel de 10 000FCFA. Ce bénéfice sera utilisé dans les dépenses familiales.

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
  • 131
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $250 loan helped a member to purchase peanuts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2014
Listed
Jan 31, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014