100%

funded

Total loan: $325

Danaya Group

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N'Gara, , Mali / Food

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 wheat flour.


Danaya Group's story

The six women of this Danaya group all live in polygamous families. They have an average age of 32 and on average five children. They all live in the village of N’gara in the region of Ségou (fourth administrative region of the Republic of Mali.) They met because of coming from the same neighborhood, being related or in-laws, and through their money-earning activities in the village. They sell wheat flour, cereals and cooked food. Wishing to grow their working capital, the members of the group decided to collaborate with Soro Yiriwaso and are on their second solidarity loan. Madame Korotoumou (the woman sitting on her heels at the front of the photo) sells a lot of pastry and sweets made of flour in the village of N’gara and its surrounding area. She intends to use her loan to buy a large quantity of wheat flour, enough to manage to satisfy the needs of her clientele. Her sales are made for cash and often for credit to a mixed clientele. Madame Korotoumou hopes to make an average monthly profit of 10,000 F CFA with this loan. Her profit will be used to pay school fees for her children, grow her working capital, and in equal measure, often to help her husband.