A loan of $2,025 helped a member to buy pagne fabrics.

Danaya Group's story

The Danaya group is made up of four married women and one widow. They live in extended traditional families in the Massablacoura quarter of Bougouni.
They met through neighbourhood, friendship and business contacts. To increase their financial capacity and do better business, they have become members of the Soro Yiriwaso micro-finance institution and this is their third loan. They repaid the two previous loans correctly. This group of women deal in textiles like Fatoumata, the one sitting in the photo. She buys and sells traditional pagne fabrics and plans to purchase with her loan 20 wax pagnes from the wholesalers in Bamako. She sells her merchandise at the market and from her home for cash or for credit to an essentially female clientele.
She hopes to make an average monthly profit of 60.000FCFA which she will use to reinvest in her business and repay the loan.

In this group: Fatoumata , Waraba , Kadiatou , Maimouna , Naminata

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details