A loan of $1,000 helped a member to purchase fish.

Danaya Group's story

The group DANAYA comprises five women, all married, who average 26 years of age and four children each. The women live in traditional extended families with their husbands, co-wives, brothers, and sons in the Heremakono Nord district of Bougouni City.

The women know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their 11th loan. The 10 previous ones were properly repaid.

This group of women works in food service and sells fish, as is the case with MAMOU, who is second from the left in the photo. She intends to use her loan to purchase 70 kg of fish from fisherfolk in town. Accepting cash or credit, she makes her sales to a customer base composed of essentially women at her house.

She envisions making an average monthly profit of 50,000 francs CFA that will be used to reinvest in her business and to pay back the loan.

In this group: Dandi, Fatoumata , Mamou , Fatoumata, Hamou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details