A loan of $1,050 helped a member to buy various products.

Danaya Group's story

The four women, who are members of Danaya Group, are all married. On average, they are 34 years old and have five children. They live mostly in nuclear families in the neighborhood of Fana Coura in the sub-prefecture of Fana, prefecture of Dioila, in the second administrative region of the Republic of Mali. The group members are neighbors, family members or members of the same business association. They make a living by buying and selling various articles, mostly food condiments and clothes.

After having repaid their previous ten loans on schedule, the women of Danaya Group are now applying for their eleventh group loan, which they will use to buy various food condiments and suits of all kinds and for all age groups. They get most of their supplies from local producers and wholesalers. They sell their products cash, either hawking or at the market, to a clientele made up of women and men.

They expect to make an average monthly profit of 50,000 CFA francs, which they will partly spend on school fees, food and healthcare, and partly reinvest into their businesses.

In this group: Noumou , Fifi , Bintou , Djeneba

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Translated from French by Kiva volunteer Robert Mouris

Loan details

Lenders and lending teams

Loan details