Funded

Total loan: $1,625
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Danaya Group

Mali
Sikasso, Mali / Fish Selling

A loan of $1,625 helped a member to purchase fish.


Danaya Group's story

The six members of the Danaya group are married women, 38 years old on average, with three children each. They live in polygamous families in Hamdallaye, one of the most popular quarters of the town of Sikasso (in the third largest administrative region of Mali). They are on their eleventh loan with the Soro Yiriwaso microfinance organisation, with the aim of better serving their customers' needs. All previous loans have been successfully repaid. Ami K. is a member of the group and sells fish for a living. She aims to use her loan to purchase 55kg of fish (20kg fresh, 35kg smoked). She sources her goods from the large market of Sikasso, and sells them at the Hamdallaye market in Sikasso, as well as to her family. She takes cash sales from a customer base made up of men and women. She aims to generate average monthly profits of 32,000 FCFA, some of which will be used to pay back her loan and the interest, and the rest will be put aside as savings.

In this group: Marietou , Oumou , Maimouna, Ami , Elisa, Aminata
*not pictured

Translated from French by Kiva volunteer Danielle Treharne



Loan details

Loan length:

8 months
Disbursed date: March 22, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 22, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children