A loan of $1,825 helped a member to buy millet.

Danaya Group's story

The majority of the nine women who make up the Danaya group are married in monogamous families. They are, on average, 37 years old and have 5 children each. They all live in the Darsalam neighborhood of Ségou (4th administrative district of Mali). They know each other because they are neighbors, relatives, or because they are involved in the same income-generating activities at the Médine market in Ségou. They sell locally produced soap (kabakourouni), wax print fabrics, and various items such as hypo-allergenic soap, match-boxes, metal sponges to wash kitchen utensils, grains (millet) and condiments. In order to increase their working capital, the members of the group have decided to join Soro Yiriwaso and are on to their eighth solidarity loan.

Oumou, second from the left in the photo, is an important grain reseller at the Médine market in Ségou. She plans to use her loan to purchase 7 bags of millet wholesale at the Katièna market. She sells for retail, for cash or on credit to a diverse group of customers. With this loan, she is expecting average monthly profits to reach 40,000 CFA francs. She will us her earnings to reinvest in her activity and to provide for her children. Like the other members of the group, her ambition is to buy a plot of land for residential use.

In this group: Tata, Djèkè, Fanta, Mama, Kadiatou, N’Ta, Oumou, Koumba, Nièba

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Translated from French by Kiva volunteer Sophie Narayan

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