Total loan: $1,500

Danaya Group

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Sikasso, Sikasso, Mali / Clothing

Danaya Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy traditional West African francs (wax and bazins).

Danaya Group's story

The Danaya group is composed of six married women, living mainly in traditional families and averaging 33 years of age, with two children. They all live in the city of Sikasso (the third administrative region of Mali) and know each other as neighbors or relatives by blood or marriage. The group members work as vendors selling incense, firewood, ginger, and traditional colorful fabric: wax and [damask-type] bazins. With the goal of increasing their working capital, the group members have joined Soro Yiriwaso and are now on their 10th solidarity cycle. Mrs. Aminata (the second one standing on the left in the photo) is a group member selling traditional fabrics. She plans to use her loan to buy four sets of wax fabric and two sets of bazins. She busy from wholesalers and sells retail, for cash and on credit, out of her home and at the market, to a customer base composed of both men and women.With this loan, Mrs. Aminata plans to achieve an average monthly revenue of 47,500 West African francs, which will be used to reinvest in her business and help her husband with some family expenses.