A loan of $600 helped a member to purchase fruit.

Danaya. Group's story

Composed exclusively of four married women, the members of the group DANAYA live for the most part in traditional families, and they average 33 years of age and two children each. The women all live in Sikasso City (3rd administrative region of the Republic of Mali) and know one another through ties of kinship, community, and marriage. The group members have small-scale businesses involving kitchen utensils, bananas, yams, ice, juices, and various fruits.

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their fourth solidarity loan cycle.

Ms. AFOU (seated in back on the left in the photo) is the seller of fruit in the group. She intends to use her loan to purchase a dozen baskets of fruits and bunches of bananas. She gets her supplies from peasant producers and wholesalers. Accepting cash or credit from essentially women customers, she makes her sales retail at home and at the market.

Ms. AFOU plans on making an average monthly profit of 22,000 francs CFA that will be used for reinvesting in the business and helping out her husband with certain family expenses.

In this group: Sitan, Oumou, Maimouna, Afou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details