A loan of $1,025 helped a member to purchase spices and vegetables.

Danaya Group's story

The Danaya Group is made up of four married women and one widow who average 34 years of age and five children. They live in nuclear families in the Massablacoura neighborhood in the city of Bougouni. They met one another through neighborhood, friendship, and business ties.

To increase their financial means in order to better run their business, these women joined microfinance institution Soro Yiriwaso, with which they are on their second loan. This group of women sells spices, clothing, soap, and fruit and vegetables.

Mah, who is the group member [pictured] holding some papers, buys and sells spices and vegetables. With her loan, she plans to purchase from the Bougouni wholesalers five bags of onions, one box of garlic, and one package of various vegetables (eggplant, pepper, cabbage, baobab leaves, and Maggi [bouillon] cubes). She carries out her sales at the market and at home, at retail prices for cash and credit to a group of customers made up of men and women.

Mah expects to see an average monthly profit of 30,000 CFA francs, which will be invested in the businesses and [used to] repay the loan.

In this group: Mah , Korotoumou, Mamou , Tou , Sitan

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Translated from French by Kiva volunteer Jessalyn Pinneo

Loan details

Lenders and lending teams

Loan details