Funded

Total loan: $825
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Danaya Group

Mali
Bougouni, Mali / Cereals

A loan of $825 helped a member to buy grains.


Danaya Group's story

The group DANAYA comprises two married women and two widows. The women average 40 years of age and six children each living in traditional families in DOUGOUNINA, a district in Bougouni City (3rd administrative region of the Republic of Mali). The women are on their seventh collaboration with the microfinance institution Soro Yiriwaso to meet the needs of their customers, and they trade in grains through Batoma, plus they sell condiments and vegetables.

Batoma, who has a yellow container in front of her in the photo, intends to use her loan to buy 800 kg of corn. She gets her supplies from peasant farmers in neighboring villages. Accepting cash or credit, she makes her sales retail at her house and at the market. Her customer base is composed of men and women.

She envisions making an average monthly profit 30,000 francs CFA. Part of the profits will be used to support her husband in meeting day-to-day expenses, and the other part will be invested in the businesses.

In this group: Mariam , Batoma , Kadia, Fanta
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

8 months
Disbursed date: March 27, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 27, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children