A loan of $975 helped a member to buy wax pagnes (traditional printed cloth).

Danaya Group's story

Danaya is a group of women, the majority of whom are married and live in monogamous families in Ouayerma I, one of the working-class neighbourhoods of Sikasso city. They have an average age of 33 years, and have 2 children each on average.

This is their fourth loan with the microfinance institution Soro Yiriwaso, to help them meet their customers' needs. The previous loans have been successfully repaid.

Salimata, third on the right of the photo, sells wax pagnes (traditional printed cloth) in this group. Her knowledge in the area makes her a sought-after seller. With her loan, she will buy 8 pieces of wax pagnes, which she will sell on foot in the neightbourhood and to her family, to both male and female customers who buy on credit or with cash. She purchases supplies at Bamako and often at the Sikasso city market. She is aiming to earn 27,500 FCFA per month on average, part of which will be used to repay the loan, and part of which will go towards her savings.

In this group: Salimata , Djalia , Bakoro , Chata , Awa

Translated from French by Kiva volunteer Lucy Knight

Loan details

Lenders and lending teams

Loan details