A loan of $1,400 helped a member to purchase damask cloth, dyes, thread, and caustic soda.

Danaya Group's story

The seven members of the group DANAYA are essentially married women who average 42 years of age and three children each living for the most part in polygamous families in HAMDALLAYE, a working-class district in Sikasso City.

The women are on their 15th loan with the microfinance institution Soro Yiriwaso to satisfy customer need. The previous loans were correctly paid back.

IVONE, at the far right in the photo, is the one who dyes cloth in this group. She intends to use her loan to purchase lengths of damask cloth, dyes, thread, and caustic soda. She gets her supplies from the big market in Sikasso City.

She resells her dyed damasks by special order and provides such services at her home (Hamdallaye, a working-class district in Sikasso City). Her customer base is composed of men and women.

She envisions making an average monthly profit of 30,000 francs CFA. Part of the profits is used to repay the loan with interest, and the other part is for savings.

In this group: Marietou, Ami, Chitan, Ivone, Maimouna, Kadiatou, Sali

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details