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Danaya (La Confiance) Group
In this Group: Mariam , Maminè , Fanta , Assetou , Mariam , Biba
The six women of the Danaya group belonging to the Badegna association are all married. They have an average age of 35 and on average, 3 children, and live in big traditional extended families in the Hamdallaye district of the town of Koutiala (Sikasso region, Republic of Mali). They met because of living in the same neighborhood. They have almost the same business, selling a condiment ("Soumbala" a condiment made from "néré" tree seeds, which is much loved by Malians). Besides this main business, they also sell clothing. To satisfy the needs of their ever-growing clientele, the Danaya group decided to join the micro-finance institution Soro Yiriwaso, with whom they are on their third solidarity loan (group loan). All the preceding loans have been correctly reimbursed.

They intend to use this loan to buy sacks of néré seeds at a reasonable price in the villages of Dogonasso, Koro Barrage, and Molobala. As for the clothing, they buy it in Bamako (capital of the Republic of Mali). The "soumbala" is sold wholesale in the market at Bamako and it is there that they stock up on clothing which is sold door-to-door, out of their homes, and in the market at Koutiala.

They each hope to make an average profit of 120,000 F CFA during the course of this loan cycle. That money will be used to repay the loan and to cover the expenses of their extended families, with any remainder invested in their business capital.
View original language description ↓
Les six femmes du groupe Danaya de l’association Badegna sont toutes mariées, elles ont une moyenne d’âge de 35 ans et 3 enfants vivant dans des grandes familles traditionnelles élargies au quartier Hamdallaye de la ville de Koutiala (région de Sikasso république du Mali). Elles se sont connues à travers des liens de voisinage.
Elles exercent presque la même activité de vente de condiments alimentaires (Soumbala un condiment à base de noix de néré très apprécié par les maliens).En plus de cette activité principale, elles vendent également des habits.
Pour satisfaire le besoin de sa clientèle qui ne cesse d’augmenter, le groupe Danaya a décidé d’intégrer l’institution de microfinance Soro Yiriwaso avec laquelle il est à son troisième prêt solidaire (prêt de groupe). Tous les prêts précédents ont été correctement remboursés.
Elles comptent utiliser ce prêt pour acheter des sacs de noix de néré à un prix abordable dans des villages de Dogonasso, Koro barrage et Molobala. Quant aux habits, ils sont achetés à Bamako (la capitale de la république du Mali). Les soumbala sont vendus en gros au marché de Bamako et c’est de là qu’elles s’approvisionnent en habillement qui est vendu de porte en porte à la maison et au marché de koutiala.
Elles espèrent réaliser chacune un bénéfice moyen 120 000 FCFA au cours de ce cycle qui sera utilisé pour payer les intérêts du prêt, subvenir aux besoins de la famille élargie et investir le reste dans les activités.

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
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 510.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya (La Confiance) Group's $1,200 loan helped a member purchase of condiments and clothing for re-sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 9, 2009
Mar 2, 2009
Currency Exchange Loss:
Aug 15, 2009