A loan of $1,550 helped a member purchase of "pagnes".

Danaya Group's story

The five members of the Danaya group (one married woman and four widows) average 45 years of age and have on average three children each. The majority of them live in monogamous families in Medine, one of the districts of the town of Sikasso (Mali's third administrative region).

They are on their seventh loan from the microfinance institution, Soro Yiriwaso, with the goal of satisfying customer demand. This group of women sell "pagnes", which are highly decorative pieces of fabric (this is the case for Bintou D.), oranges, soaps and charcoal.

With her loan Bintou D. is planning to buy 30 pieces of "pagne" fabric. She gets her supplies at Sikasso's large market and in Bamako. She sells her "pagnes" for cash at Sikasso's large market and within the family, to a customer base made up of men and women.

She is expecting to make an average monthly profit of 75,000FCFA, of which part will be used for the family's daily expenses and the rest invested in her business.

In this group: Bintou, Rokia, Fatoumata, Dialia, Nabintou

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details