A loan of $925 helped a member to buy three cartloads of firewood.


Danaya Group's story

The six members of Danaya Group are mostly married women. They average 41 years of age and 5 children. Most of them live in polygamous families in Ouayerma I, a working-class neighborhood in the city of Sikasso (third administrative region of Mali).

The members of the group are seeking their eighth loan from Kiva's partner, the MFI Soro Yiriwaso, in order to meet customer demand.

Mahawa, the first woman on the left in the photograph, has been selling firewood for approximately three years. She intends to bolster her business in order to meet customer demand.

She intends to use her loan to buy three donkey cartloads of firewood. She gets her supplies in the villages surrounding Sikasso. She resells for cash, at her home, to a clientele comprising both men and women.

She foresees turning an average monthly profit of XOF 22'500 (ca US$ 45), to be used in part to repay the loan and its interests, and in part to be put away.

She ambitions to increase her revenue to better meet customer demand.

In this group: Aminata , Assan , Dala , Fatoumata, Mah, Mahawa

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Translated from French by Kiva volunteer Patrick Stadelmann



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