A loan of $1,850 helped a member purchase a variety of activities.

Danaya Group's story

The members of the group Danaya are eight women, seven of whom are married and one of whom is single, and are for the majority in polygamous families. They are on average 31 years old and have two children. They live in the Médine area of the city of Ségou (4th administrative region of the Republic of Mali). They met through a shared interest in retail activities that they each carry out in the same area of the Médine market and also live in the same area and are all members of a traditional association of mutual aid.
After have correctly reimbursed the previous three loans, they are currently on their fourth group loan from Soro Yiriwaso. This loan enables them to purchase 6 bags of large, fresh onions, 18 buckets of ground nut paste, 6 large boxes of tomato concentrate, 5 kilos of pepper, 4 packets of diverse bouillon cubes of the brand name Maggi, 30 baskets of fresh fish [mostly brown bullhead fish], 24 liters of cooking oil, 4 bags of rice and 10 packages of calabash.
They stock up in the various markets in Ségou and at the fairs in Kolongo and Tona. They generally re-sell the products in markets as well as traveling sales persons in neighborhoods to a clientele of both women and men. They hope to each make a monthly profit of 31,875 FCFA [approximately 73 USD] which would serve to pay back loans, to purchase education materials, to pay school co-operatives and to take part in social events.

In this group: Fatoumata, Fatoumata, Sali , Fatoumata, Mamou, Fantani, Ami, Hawa

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Translated from French by Kiva volunteer Chloé Tuot

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