A loan of $900 helped a member to purchase 200 kilograms of sorghum for resale.

Danaya Group's story

The Danaya group consists of nine women (eight of whom are married, and one of whom is widowed). They are an average of 46 years old and have an average of five children. They live in traditional extended families with their husbands, co-wives, brothers and sons. They reside in the Niebala quarter of the city of Bougouni (located in the third administrative region of Mali).

The group members know one another through relationships of vicinity, friendship and commerce. In order to strengthen their financial positions and to help their businesses grow, the group is working with the microfinance institution of Soro Yiriwaso. They are on their first loan. The women in this group are involved in several types of commerce, including the sale of grain, second-hand clothing, incense, spices and pagnes (traditional West African cloth), as well as food production and service.

Alima (shown standing in the photo) is a grain merchant and the president of the group. With her portion of the loan, she intends to purchase 200 kilograms of sorghum from local farmers. She sells her goods in cash and on credit at the market. Her clientele is composed of both men and women. Alima expects to make an average monthly income of 20,000 francs CFA. She plans to use her income to reinvest in her business as well as to help pay for her family's living expenses.

In this group: Alima , Fanta , Awa , Fatoumata , Aminata , Minata , Djine , Bougou Sata , Habi

Translated from French by Kiva volunteer Jane Coe

Loan details

Lenders and lending teams

Loan details