A loan of $750 helped a member to buy wheat flour.

Danaya Group's story

The seven members of the Danaya solidarity group are all married and living in polygamous households. They average 41 years of age and four children each. They live in Kolotomo, in the rural commune of Pelengana, which is located in the region of Ségou (fourth administrative region of Mali). They know one another as neighbors and through ties of marriage and kinship.

They sell farming equipment (African and eye hoes), calabashes, groundnut paste, pasta, tea and sugar. In order to increase their working capital, the group decided to join the Soro Yiriwaso microfinance institution. They are on their first loan cycle.

Mrs. Yaya C. is known in the village and surrounding areas for selling pasta. She plans to use her loan to buy a sack of wheat flour to make pasta. She gets her wheat flour at the grand market of Ségou, and then turns it into pasta (vermicelli, macaroni, etc.).

She kneads the wheat flour with water, and then the dough is handled to slowly go through a small device. It comes out the machine in a pre-set shape. Then, the dough is laid out to dry in the sun for at least six hours. This is followed by packaging in plastic bags, ready to be sold.

She sells for cash or credit, from her home, and also at the Pelengana market and nearby villages, to a clientele composed of both men and women.

With this loan, Mrs. Yaya C. hopes to earn an average monthly profit of 20,000 FCFA to be used for reinvestment in the business and small household expenses. She hopes that her collaboration with Soro Yiriwaso will help her to become a wholesaler in her business activity.

In this group: Oumou , Aminata , Raba , Yaya , Alima , Oumou , Nah

Translated from French by Kiva volunteer

Loan details

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Loan details