A loan of $2,450 helped a member to buy condiments (soumbala, onions and bouillon cubes).

Danaya Group's story

Most of the seven women of the Danaya group are married within traditional families. They are, on average, 47 years old with six children each. They all live in the hamlet of Bougoula, a neighborhood of the city of Sikasso (third administrative region of Mali) and they know one another through neighborhood, family and professional ties.

They sell soap and rice, and are also involved in the preparation and sale of soumbala (a traditional condiment prepared from néré seeds).

They have joined the microfinance institution Soro Yiriwaso in order to increase their businesses, and this is their eighth solidarity loan cycle.

Aminata (standing in the middle of the group) plans to use her loan to buy ten baskets of soumbala (each basket weighing 30kg), 50 kg of onions and one box of Maggi bouillon cubes.

She buys her merchandise locally in Bougoula and Sikasso and then resells to a customer base which consists of men and women.

Thanks to this loan, she is expecting to make an average monthly profit of 45,000 CFA francs which will be reinvested in her business and also used to take care of some household needs.

Note: There are only six women on the photo, as Mawa, another group member, is absent for personal reasons.

In this group: Diarata, Diarata, Fatoumata B, Awa, Kadia, Mawa*, Aminata
*not pictured

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Translated from French by Kiva volunteer Sophie Narayan

Loan details

Lenders and lending teams

Loan details