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Danaya Group
In this Group: Kadia , Aminata , Kankou, Djeneba, Attia , Ami, Fadima , Soumba
The Danaya group is made up of married women who, on average, are 36 years old and have four children. They all live in traditional families in the town of Fana, in the Badialan neighborhood, Guégnéka commune, Dioïla prefecture, Koulikoro region (second administrative region of the Republic of Mali). The group members know each other from family, neighborhood, and friendship ties.

These women sell wood, charcoal, oil, soap, clothing, and groundnut paste.

With the goal of meeting the great demand from their customers, the group decided to join Soro Yiriwaso. They are on their 16th group loan.

Fadima, the first person seated from the right of the photo, has not been to school. She works selling groundnut paste.

She plans to buy some plastic buckets and five sacs of groundnuts from wholesalers at the market. She will then de-shell the groundnuts and make them into high quality groundnut paste. She [divides the paste] into the buckets and sells them at retail to a mixed group of customers.

Fadima hopes to earn an average monthly profit of 50,000 francs CFA which she will reinvest back into her business.
View original language description ↓
Le groupe DANAYA est composé de femmes mariées elles ont en moyenne 36 ans et 4 enfants. Elles vivent tous dans des familles traditionnelles dans la ville de Fana, quartier Badialan, commune de Guégnéka, préfecture de Dioïla, 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 de bois, de charbon, d’huile, de savon, d’habillement et de la patte d’arachide.
Les femmes du groupe DANAYA sont à leur seizième prêt solidaire. Dans le but de satisfaire la demande énorme de leurs clientèles, elles font recours à SORO YIRIWASO.
La cliente FADIMA , première personne à partir de la droite dans le rang des assis n’est pas instruite, elle est actuellement vendeuse de pâte d’arachide. Elle compte achète des petits sceaux en plastique et 5 sacs d’arachides non décortique sur place chez les grossistes au marché
qu’elle décortique puis le transforme en pâte d’arachide de qualité. La sera mise dans des seaux ensuite vendus en détail et en espèce chez elle à une clientèle mixte. Elle envisage réaliser un bénéfice moyen mensuel de 50 000 FCFA qui sera réinvesti 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.

About Mali

  • $1,200
    Average annual income
  • 75
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 479.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Group's $1,675 loan helped a member to buy groundnuts to make groundnut paste.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2014
Listed
May 29, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014