Funded

Total loan: $925
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Danaya Group

Mali
Bougouni, Mali / Food Production/Sales

A loan of $925 helped a member to purchase spices.


Danaya Group's story

The women who make up the group Danaya are all married women who are 38 years old on average, have five children and all live in large traditional conjugal families with their brothers, sisters, co-spouses, children and spouses. They live in the neighborhood of Dougounina, which is under the jurisdiction of the city of Bougouni, the third administrative region of the Republic of Mali. They know one another through parental relations. Faced with difficulties in properly buying products due to a lack of financial resources, they decided to join the micro-finance institution Soro Yiriwaso's loan program. They are on their fifth group loan, having settled the balance of their previous four loans. With this loan, the president of the group, Mariam D., expects to buy 200 kg of African locust tree nuts to make "Sounbala," which is very valued in African sauce, as well as 300 kg of dried baobab leaves and 150 kg of bissap. All the spices will be bought in Bougoni and its surrounding areas, to then be resold together for cash and in bulk at the market of Bougoni to a customer base composed largely of women. With this loan the women plan to make a monthly profit of 15,000 FCFA per month, of which a part will be used to repay their loan and the rest used to pay for their children's health costs.

In this group: Mariam , Batoma , Kadia , Fanta
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Martha Schmitz



Loan details

Loan length:

8 months
Disbursed date: April 27, 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: April 27, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children