A loan of $1,750 helped a member to buy condiments.

Danaya Group's story

The DANAYA group is made up of six women, all married, who are on average 41 years old and have five children. They live in traditional extended families with their husbands, co-wives, brothers, and sons in the Dialanikoro district of the city of Bougouni.
They know each other as neighbors, friends, and through business. In order to strengthen their buying power and to better conduct their businesses, they joined the microfinance institution Soro Yiriwaso, with whom they are on their fourth loan. The previous loans have been fully repaid. This group of women is in the business of selling condiments, clothing, and cereals.
MARIAM, the leader of the group, is the first woman from the right. She buys and sells condiments and with her loan she plans to buy two cases of Maggi cubes and 400 kg of onions from the wholesalers in Sikasso. She makes her sales at the market and from home, at retail, for cash and on credit, to a clientele composed mainly of women.
She foresees making an average monthly profit of 50,000FCFA which will be reinvested in her business and used to repay the loan.

In this group: Mariam , Sitan , Diatou , Kadiatou , Sanata , Salimata

Translated from French by Kiva volunteer Shannon Arnold

Loan details

Lenders and lending teams

Loan details