A loan of $450 helped a member to buy groundnuts.

Danaya Group's story

Group Danaya is composed of four married women, mainly from polygamous families. They are on average 46 years old with four children each. They all live in the Hamdallaye area in Segou (Mali's fourth administrative region), and they got to know each other through their for-profit activities at the 'Chateau de Segou' market. The group members trade in various items: clothes (wax-style and brocade fabrics), fruits (bananas and mangoes), groundnuts and firewood.
Needing to increase their working capital, the group members decided to partner with Soro Yiriwaso and are on their eight solidarity loan.
Oumou, the second woman from the right in the picture, wearing a black scarf, sells groundnuts year round in the Hamdallaye area and in the 'Chateau de Segou' market. She plans on using her loan to buy three bags of fresh unshelled groundnuts wholesale from Seribala growers. She retails to a mixed-gender clientele from her home, door-to-door and in the 'Chateau de Segou' market, and accepts cash or credit.
With this loan, Oumou hopes to make an average monthly profit of 15,000 CFA, which will be used to reinvest in her activity and to pay for her children's healthcare.

In this group: Kadiatou , Assetou , Paye , Oumou

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Translated from French by Kiva volunteer Charlotte Buecheler

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