Funded

Total loan: $1,825
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Danaya Group

Mali
Niena, Mali / Restaurant

A loan of $1,825 helped a member buy ingredients needed for her restauration business.


Danaya Group's story

The Danaya group is made up of 6 women, mostly married, with an average age of 35, and, on average, 3 children. Most of them live in polygamous families in the village of Niena, in the Sikasso region. This is the group's 10th loan from the Soro Yiriwaso microfinance institution, requested so that the group members can satisfy their customers´ needs. They have correctly repaid their previous loans.

Maratou, 3rd from the left in the picture, is in the restauration business. She plans to use her part of the loan to buy 2 bags of shelled rice, 40 litres of oil, 3 boxes of stock cubes and 5 boxes of concentrated tomato paste from the market in Niena. She sells meals in her cheap restaurant located at the market, to a clientèle of men and women, for cash. She anticipates making an average monthly profit of 37 000 francs, part of which will be used to repay the loan and its interest, and part of which will be saved.

In this group: Maratou , Kadia , Alima , Diarra , Assetou , Maratou
*not pictured

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Loan details

Loan length:

7 months
Disbursed date: February 7, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: February 7, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children