A loan of $1,825 helped a member to buy various goods.

Danaya Group's story

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.

In this group: Mah , Tenin , Sitan , Awa , Djénéba , Abi , Fanta , Fatoumata , Tiné

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Translated from French by Kiva volunteer Daniel Kuey

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