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Danaya (La Confiance) Group
In this Group: Ramata , Oumou , Korotoumou, Bah Diallo , Sitan , Mariam
The married women who make up the Danaya group have an average age of 20 years and two children. They live in nuclear families in the Fana sous-prefecture (second administrative region of Mali). The Danaya group participates in diverse activities, from the production of non-alcoholic beverages and powdered juice, and the selling of local plants to the purchase and selling of pagne wax (a highly-prized fabric in Africa), as well as rugs.
To prepare ginger juice, they crush the ginger into a paste. For two kilograms of ginger paste, 10 litres of water, 5 kilograms of sugar, and flavoring are added. Afterwards the mixture is filtered with a sieve and then put into packets which will be placed into a refrigerator before they are sold.
Wanting to increase the size of their business, the women have decided to collaborate with the Soro Yiriwaso loan program with which they are on their fifth group (or solidarity) loan. All of their previous loans were repaid in full.
The current loan will be used to purchase 20 rugs measuring four square meters each and 50 pieces of pagne wax, 200 kilograms of sugar, 50 kilograms of dah (dried hibiscus leaves), 50 kilograms of ginger, colorings, and plastic packets.
The members of the Danaya group who sell the pagne wax and the rugs get their stock at the Bobo Dioulasso market (in Burkina Faso). These pagne wax (precut into three pieces) as well as the rugs are sold for cash and on credit with monthly payments.
As for the makers of the non-alcoholic beverages, they stock up at the Fana market and sell their products at the same market at retail prices for cash to a client base comprised mainly of women, stallkeepers, and children. They each hope to make 25,000 FCFA in profit per cycle (which is an average of four weeks) which will be used to help their husbands pay for their children’s educational expenses.
View original language description ↓
Constituée exclusivement de femmes mariées, les membres du groupe Danaya ont en moyenne 20 ans et 2 enfants. Elles vivent dans des familles nucléaires dans la sous- préfecture de Fana (deuxième région administrative de Mali). Danaya fait des activités diverses et variées qui va de la fabrication de boissons non alcoolisées à partir de jus en poudre et des plantes locales, à l’achat et la vente de pagnes wax (tissus très prisés en Afrique), de tapis etc.
Pour préparer le jus de zinzimbre, elles écrasent le zinzimbre pour la rendre pâteux. Pour 2 (deux) kilogramme de pâte de zinzimbre on ajoute 10 (dix) litres d’eau, 5 kilos de sucre et des aromes pour bien les malaxer. Après on filtre le mélange à l’aide d’un tamis filtre pour le mettre dans des sachets qui seront mis au frais dans un réfrigérateur avant la vente proprement dite.
Dans le souci d’agrandir la taille de leurs activités, elles ont décidé de collaborer avec le programme crédit de Soro Yiriwaso avec lequel elles sont à leur cinquième prêt de groupe (prêt solidaire). Tous les prêts précédents ont été correctement remboursés.
Ce présent prêt sera utilisé pour acheter, 20 tapis de quatre (4) mettre carré et 50 pièces de pagnes wax, 200 kg de sucre, 50kg de dah, 50kg de zinzimbre, des colorants et des sachets plastiques.
Les membres du groupe Danaya qui font la vente de pagnes wax et de tapis s’approvisionnent dans le marché de Bobo Dioulasso (au Burkina Faso). Ces pagnes wax (préablement découpés en trois pagnes) sont vendus ainsi que le tapis au comptant et à crédit payable mensuellement. Quant aux fabricantes de boissons non alcoolisées, elles se ravitaillent dans le marché de Fana et vendent dans le même marché en détail au comptant à une clientèle généralement composée de femmes, de forains et d’enfants Elles comptent réaliser chacune 25000 FCFA de bénéfice par cycle qui servira à aider les maris à supporter les charges scolaires 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
  • 32
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya (La Confiance) Group's $600 loan helped a member purchase of pagne wax, rugs, and ingredients to make non-alcoholic beverages (from sugar, powdered juice, ginger, dah packets, flavorings, etc).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009