Funded

Total loan: $1,175
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Danaya Group

Mali
Sikasso, Mali / Clothing

A loan of $1,175 helped a member to buy pagnes [colorful African fabric].


Danaya Group's story

The four members of the group Danaya are married women who are on average 37 years old, and have on average 4 children. Most of them live in monogamous families in Médine, one of the popular neighborhoods of the town of Sikasso, third administrative region of Mali.

They are on their 14th loan with the microfinance institution Soro Yiriwaso due to the concern of satisfying the needs of their clientele.

Madam Fatoumata sells pagnes [colorful African fabric] and fabric in this group of women. She is in the second position from left to right.

With her loan she plans to buy about 20 pieces of pagnes which she resells retail on the spot and at the market in Hamdallaye.

She envisions making an average monthly profit of 35,000 FCFA of which part is used to pay the loan and its interest and the other for her savings.

In this group: Tata , Nene, Safoura , Fatoumata
*not pictured

Translated from French by Kiva volunteer S Mason



Loan details

Loan length:

8 months
Disbursed date: March 20, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 20, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children