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Danaya Group
In this Group: Oumou , Awa , Tenin Dramane, Bah , Mariam , Gnakou
The group DANAYA is composed of married women, who average 31 years of age and 3 children each. The women all live in traditional families in the village of Djoni, Commune de Konobougou, Préfecture de Barouéli, Région de Ségou (4th administrative region of the Republic of Mali). And they know one another through ties of kinship, community, and friendship. They work in food service and do commerce in grains, soap, beignets, and milk.


The women of the group DANAYA are on their sixth solidarity loan. To satisfy the enormous demand from their customers, they turn to the microfinance institution Soro Yiriwaso. These funds will be used to purchase their merchandise as cited above.

This client, BAH, who is sitting first from the right in the photo, is illiterate. She is currently a vendor of beignets. She intends to purchase a sack of millet, shea butter, and plastic bags from wholesalers in Konobougou. At her home and sometimes by hawking, the retail sales are made to a mixed customer base paying with cash or credit. She plans on making a monthly profit of 10,000 francs CFA that will be reinvested in her business.
View original language description ↓
Le groupe DANAYA est composé de femmes mariées, elles ont en moyenne 31 ans, et 3 enfants. Elles vivent toutes dans des familles traditionnelles dans le village de Djoni, commune de Konobougou, préfecture de Barouéli, Région de Ségou (quatrième région administrative de la République du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font la restauration, le commerce de céréale, de savon, de beignet, et de lait. Les femmes du groupe DANAYA sont à leur sixième prêt solidaire. Dans le but de satisfaire la demande énorme de leurs clientèles, elles font recours à SORO YIRIWASO.
Ces montants seront utilisés pour acheter leurs marchandises déjà citées.
La cliente BAH , la première personne à partir de la droite dans le rang des assis est analphabète, elle est actuellement vendeuse de beignet. Elle compte acheter 1 sac de mil, du beurre de karité, et des sachets plastiques chez les grossistes à Konobougou. La vente se fait à son domicile et parfois en ambulante en espèce et en crédit à une clientèle mixte. Elle compte réaliser un bénéfice mensuel de 10 000Fcfa, qui sera réinvesti dans l’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.

About Mali

  • $1,200
    Average annual income
  • 40
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 475.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $325 loan helped a member to purchase the ingredients for making beignets.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014