A loan of $1,025 helped a member to purchase bananas.

Danaya Group's story

The members of the group Danaya average 36 years of age and one child each, all living in traditional families in the Heremakono Centre district of Bougouni City. The women know one another through ties of community, friendship, and business. To bolster their financial capacity, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their third loan. This group of women does commerce in clothing, fruit & vegetables, and food service.

Magnon, who is the only one seated in front in the photo, works in food service and in selling fruit & vegetables. She intends to use her loan to purchase 5 cart loads of bananas from producers in the Bougouni area. She makes her retail sales at the market and at home. She accepts cash or credit from a customer base composed of men and women.

She envisions making an average monthly profit of 65,000 francs CFA that will be used for: investing in her businesses, covering healthcare costs, and repaying the loan.

In this group: Magnon, Mah, Awa, Kandia

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details