Total loan: $5,925
Kalaban Coro, Bamako Capital District, Mali / Food
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A loan helped buy fish.
Danaya Group's story
The seven women in the Danaya group are mainly married in polygamous households. They are on average 48 years old with six children. They all live in Kalaban-Coro, the main village in the county of Kati (in the second administrative region of Mali). They became acquainted through neighborhood ties and their income-generating activities at the Kalaban-Coro market. Group members are small retail merchants of fish and pagnes wax (colorful West-African fabric). In order to resupply with cash, the group decided to work with Soro Yiriwaso and are on their fourth group loan cycle. Mrs. Fati (the woman sitting at the far left in the photo) has a great reputation selling all kinds of fish. She intends to use her loan to buy 400 kilos of fresh fish in Kabala, along the Niger River. Retail sales are for cash and on credit, at the market and as an itinerant vendor, to a mixed clientele. Mrs. Fati hopes to achieve with this loan an average monthly profit of 125,000 CFA francs, to be reinvested in the business and used to ensure her children's upkeep.