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Danaya Group
In this Group: Nagnouma , Tenin , Massiga , Bintou
The members of this Danaya group are married women living in general in polygamous families with on average 4 children. They met because they are neighbors, all residing in Selingué.

Specialized in selling cereals, they do their buying every week in the markets of Selingué and those of neighboring villages. Then the stocks that they have put together are turned over to wholesalers coming from Bamako (the capital of Mali).

With this loan of 50,000 F CFA per member, they expect to be able to buy 500 kg of cereals and peanuts. The average monthly profit is estimated to be 15,000 F CFA which will allow them to cover their daily family expenses and make repayments on the loan.

View original language description ↓
Les membres du groupe danaya sont des femmes mariées vivant en général dans des foyers polygames avec en moyenne quatre (4) enfants. Elles se sont connues par des liens de voisinage et résident toutes à selingué.

Spécialisées dans la vente de céréales, elles s’approvisionnent sur les marchés de selingué et ceux des villages environnants chaque semaine. Ensuite le stock ainsi constitué est cédé à des grossistes venant de Bamako.
Avec ce prêt de 50.000FCFA par femme, elles comptent acquérir 500 kilogrammes de céréales et de grains d’arachide. Le bénéfice moyen mensuel est estimé à 15.000 FCFA qui leur permetra de régler leurs dépenses quotidiennes familiales et de payer les interets du prêt..

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

  • $1,100
    Average annual income
  • 3
    View loans »
    Mali Loans Fundraising
  • $11,596,000
    Funds lent in using Kiva
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD