A loan of $1,575 helped a member to buy cups.


Danaya Group's story

The Danaya group is composed of 4 married women with an average age of 33 and, on average, 3 children, who mostly live in nuclear family settings in the Massabla Coura district of Bougouni town. They got to know each other thanks to neighbourly and business relationships, and friendships. In order to strengthen their financial capacity so that they can better do business, the members of the group decided to join the Soro Yiriwaso microfinance institution and are on their 7th loan. The 6 preceeding loans were correctly repaid. The women in the group sell cups, clothing and various other items.

Maimouna, the group leader, is the woman sitting in front wearing a reddish pagne (colourful West African dress). She sells cups made from foil, thermoses and all sorts of plastic items and plans to use her loan to buy 20 dozen foil cups and 10 dozen thermos cups from the wholesalers in Bamako. She makes her sales at the market and door-to-door to her retail clientèle, essentially made up of women, for cash or credit. She expects to make an average monthly profit of 60 000 francs which will be reinvested in her business and used to repay her loan.

In this group: Maimouna , Maimouna , Minata , Mariam

Translated from French by Kiva volunteer



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