Funded

Total loan: $1,550
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Danaya Group

Mali
Koutiala, Mali / Restaurant

A loan of $1,550 helped a member buy ingredients for food preparations.


Danaya Group's story

Danaya is a group of women from the 1st district of the city of Koutiala, who know each other well and live in large traditional families along with their husbands, children and other relatives. They average 30 years of age, five are single and three are married with at least two children.

This group of women sells various articles such as shoes, soap, sounbala, food preparations and clothes. To expand their business activities, the members decided to join the Soro Yiriwaso loan program two years ago. They are on their third group loan.

Alima is the member of the Danaya group who focuses on food preparations. She is the only person sitting at the end of the photo.

She plans to use her loan to buy as and when necessary the meat, rice, condiments and potatoes needed for her preparations. She gets her supplies from the great market of Koutiala and sells food in a very clean place, for cash to a diverse and varied clientèle.

While Danaya group members expect to make an average profit of 117,500 FCFA each during this loan cycle, Alima expects to achieve 150,000 FCFA. In addition to repaying the loans they use a portion of their income to meet the current expenses of their family.

In this group: Fatoumata, Korotim , Alima , Ina , Bibatou , Kadia , Adjaratou , Kadia *
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

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