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Danaya Group
In this Group: Mariam , Fanta , Diomine , Mamou , Mamou
The Danaya Group is made up of married women living with their spouses and children within the framework of a nuclear family. Members have an average age of 41 and an average of seven children each. They all live in Sebenikoro, one of the districts of Bamako. They know each other through the bonds of family, community and friendship. The members of the group sell industrially-made children's clothing, cosmetic products and fruit juices. In order to replenish their cash supplies, the members of the group decided to collaborate with Soro Yiriwaso. This will be their third group loan.

Mariam, the woman standing to the far right of the photograph, has established a solid reputation for selling children's clothing. She plans on using this loan to purchase 35 sets of children's clothes in bulk from the main market. She will then travel around Sebenikoro selling these items of clothing to a predominantly female customer base. With this loan, Mariam hopes to earn an average monthly profit of 45,000 CFCA, which will be reinvested into her business and also used to meet her children's needs.
View original language description ↓
Le groupe Danaya est composé des femmes mariées vivant avec leurs maris et leurs enfants dans des familles nucléaires. Elles ont en moyenne 41 ans et 7 enfants. Elles habitent toutes à Sébénikoro l’un des quartiers de Bamako et se sont connues à travers des liens de parenté, de voisinage et d’amitié. Les membres du groupe font le petit commerce d’habits industriels d’enfants, des produits cosmétiques et des jus. Dans le but de se ravitailler au comptant, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Mariam (femme debout à l’extrême droite sur la photo) a une grande réputation dans la vente des habits d’enfants de tous les âges. Elle compte utiliser son prêt pour acheter 35 complets d’habits pour enfants de tous les âges en gros au grand marché. La revente s’effectue en détails à Sébénikoro et en ambulant à une clientèle constituée majoritairement de femmes. Madame Mariam espère réaliser avec ce prêt un bénéfice mensuel moyen de 45 000 FCFA qui sera utilisé, pour être réinjecté dans l’activité et subvenir aux petits besoins des enfants.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 474.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $1,075 loan helped a member to purchase children's clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
Apr 24, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014