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Danaya Group
In this Group: Mah , Tenin , Sitan , Awa , Djénéba , Abi , Fanta , Fatoumata , Tiné
The Danaya is a group composed of nine women (eight married and one widowed) living in monogamous families and averaging 38 years of age and four children each. They all live in the village of Sirakoro (fourth administrative region of Mali). The women know one another through ties of marriage, kinship, or community, and they essentially do commerce in various goods at the Médine marketplace.

Wanting to satisfy the needs of their ever-growing customer base, the group members decided to join the Soro Yiriwaso loan program. After having correctly repaid their six preceding solidarity loans, they are now on their seventh, which will be used to buy: forty bags of henna processed into powder, six boxes of band-aids (for the henna), one bag of urea (used for enriching the black color of the henna), ten boxes of bar soap, three dozen of liquid soap, three bags of millet, two bags of beans, 50 kg of gueni and magnonkissèni (seeds of wild exotic plants), and five bottles of eau de cologne. The gueni, magnonkissèni, and the perfume are made into incense to be sold.

Supplies are gotten at the grand marketplace of Ségou and sometimes in Tissala. Sales are made to customers essentially composed of women, cash or credit accepted, in their homes, door-to-door in town, at the Médine marketplace, and sometimes at the grand marketplace of Ségou.

The group members hope to realize an average monthly profit of 39,500 francs CFA that will be use to repay the loan, to participate in social events, and to cover certain family expenses. Their ambition is to buy cows to obtain milk to drink and to sell, as well as to use their dung as organic manure to fertilize the fields.

View original language description ↓
Le groupe Danaya est Composé de neuf femmes (huit mariées et une veuve) vivant majoritairement dans des familles monogamiques. Elles sont âgées en moyenne de 38 ans avec 4 enfants et vivent toutes dans le village de Sirakoro (4ème région administrative du Mali).
Elles se sont connues à travers des liens de mariage, de parenté, de voisinage et font essentiellement le commerce d’articles divers au marché de Médine.
Dans le souci de satisfaire le besoin de sa clientèle qui ne cesse d’augmenter, le groupe a décidé d’intégrer le programme crédit de Soro Yiriwaso. Après avoir correctement remboursés ses six précédents prêts solidaires, il est à son septième qui sera utilisé pour acheter, 40 sacs de henné transformé en poudre, 6 cartons de sparadrap (bandes collantes pour le henné), 1sac d’urée (utilisé pour renforcer la couleur noire du henné), 10 cartons de savon en morceau, 3 douzaines de savon liquide, 3sacs de mil, 2sacs de haricot, 50kg de gueni et de magnonkissèni (noyaux de plantes sauvages exotiques) et 5 bouteilles d’eau de Cologne. Le gueni, le magnonkissèni et les eaux de Cologne sont transformés en encens pour la vente. Elles s’approvisionnent au grand marché de Ségou et quelques fois à Tissala. Elles vendent au comptant et à crédit à une clientèle essentiellement composée de femmes à domicile, en ambulant au village, au marché de Médine et quelques fois au grand marché de Ségou.
Elles comptent réaliser un bénéfice mensuel moyen de 39 500FCFA qui sera utilisé pour le remboursement du prêt, la participation aux évènements sociaux et la prise en charge de certaines dépenses familiales.
Elles ont pour ambition l’achat des vaches pour avoir du lait à boire, à vendre et utiliser leurs bouses comme fumure organique pour fertiliser leurs champs

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
  • 47
    View loans »
    Mali Loans Fundraising
  • $11,969,650
    Funds lent in using Kiva
  • 494.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD