A loan of $1,175 helped a member to buy wax pagnes (traditional printed cloth).

Danaya Group's story

There are four members of the Danaya group. Most of them are married, their average age is 33 and they have 4 children on average. The majority live in monogamous families in Médine, one of the working-class neighbourhoods of Sikasso, which is the third-largest administrative region of Mali.

This is the group's third loan with the Soro Yiriwaso microfinance institution, and has been requested to help them satisfy their customer's needs. The previous loans have been repaid in full.

Fatoumata, pictured on the right, sells wax and real pagnes (traditional printed cloth) as part of this group. With her loan, she would like to buy 10 pieces of wax and real pagnes wholesale. She buys her products at the Sikasso city market or at Bamako. She then resells the cloth on foot in the neighbourhoods of Sikasso city and to her family. Her customers are men and women, and often buy on credit. She is aiming to earn 35,250 FCFA per month, part of which will go towards paying off her loan, and part of which she will save.

In this group: Fatoumata, Safoura, Nene, Tata

Translated from French by Kiva volunteer Lucy Knight

Loan details

Lenders and lending teams

Loan details