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Danaya Group
In this Group: Djeneba, Sanata, Sofi , Ami, Maimouna
Danaya is a group of the Benkadi Association of Dianikoro. It is composed of five women who know each other as relatives and neighbors. On the average, they are 31 years old. Married, and with five children on the average, they are engaged in various business activities, such as buying and reselling condiments. This is what Djeneba does, for example. She is the first one standing from right to left in the photo. The group members live in traditional extended families in Dianikoro, in the Kati prefecture (Koulikoro region, the Republic of Mali).

They have been working as vendors for years and have a lot of customer following. With the goal of meeting growing demand, two years ago the group members have decided to join the Soro Yiriwaso loan program. They are on their third solidarity loan. Djeneba plans to use her loan to buy various food condiments (pepper, tomatoes, onions, cabbage and Maggi cube). She buys her stock from wholesalers in Ouelessebougou and sells in Dianikoro, retail, for cash and on credit, to a customer base composed of women and men.
She hopes to earn a monthly revenue of 40,000 West African francs, which will allow her to pay off her loan and reinvest in her business.
View original language description ↓
DANAYA est un groupe de l’association BENKADI de DIANIKORO. Il regroupe 5 femmes qui se sont connues à travers des liens de parenté et de voisinage. Elles ont une moyenne d’âge de 31 ans. Mariées avec en moyenne cinq enfants, elles mènent différentes activités telles l’achat vente de condiments à l’image de DJENEBA qui est la première personne debout de la droite vers la gauche de la photo. Elles vivent dans des grandes familles traditionnelles à DIANIKORO dans la préfecture de KATI (Région de Koulikoro, République du Mali).
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités.
Dans le souci de satisfaire le besoin croissant de leur clientèle, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a deux ans. Elles sont à leur troisième prêt solidaire.
DJENEBA, compte utiliser son prêt pour acheter de condiment alimentaires de différentes sortes (poivre, tomate, oignon, choux, et cube maggi). Elle s’approvisionne à OUELESSEBOUGOU auprès des grossistes et vend ses articles à DIANIKORO, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 40.000FCFA somme qui lui
permettra de rembourser le prêt et de réinvestir dans son activité.

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.

Tags

About Mali

  • $1,200
    Average annual income
  • 41
    View loans »
    Mali Loans Fundraising
  • $10,437,500
    Funds lent in using Kiva
  • 481.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $1,050 loan helped a member to buy condiments.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2014
Listed
Feb 10, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014