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A loan of $1,500 helped a member to buy pagnes (colorful wax cloth).

Danaya Group's story

The six members of the Danaya group are married women aged on average 33, with an average of three children. Most of them live in monogamous families in Ouayerma, one of the popular areas in the city of Sikasso.
They are on their sixth loan with the microfinance institution Soro Yiriwaso in order to satisfy their customers' needs. Their previous loans have been repaid in full.
Salimata, second from the left in the photo, does business selling pagnes (colorful wax cloth). Among the Danaya women's group, her reputation in her area makes her a frequently asked for salesperson.
She plans to buy 17 pagnes with her loan. She resells them as a traveling salesperson and at home, for cash and credit, to a clientele made up for men and women. She stocks up in Bamako and often at the big market in the city of Sikasso.
She envisions making a monthly profit of 37,500XOF, a part of which will be used to pay back the loan and its interest and the other part of which will be put into savings.

In this group: Salimata , Djalia, Bakoro , Chata , Tenin , Doussou

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details