Check out some available loans that are similar to this one!
Danaya Group
In this Group: Ami , Aminata, Awa , Sanata , Fanta, Mamou , Sata , Mama
Danaya is a group of eight women who know each other through family and neighborhood ties. Their average age is 45. Married with six children, they engage in different businesses such as the sale of apparel and cereals like Ami, the person sitting on the chair in front. They live in large traditional families in Dalabala in the sub-prefecture of Selingue in the region of Sikasso in the Republic of Mali. They have been in business for the past few years and are very sought-after in their work. In order to satisfy the needs of their growing customer base, the group members decided to join Soro Yiriwaso's loan program. They are on their fourth group loan. Ami who is president of the group and very well-known in Dalabala, excels at the sale of cereals. She plans to use her loan to buy 10 bags of rice and corn. She stocks up in Dalabala and nearby and sells her cereals in Dalabala retail for cash and credit, to customers who are male and female. She hopes for a monthly profit of 35,000 FCFA which will enable her to repay her loan and reinvest in her business.
View original language description ↓
DANAYA est un regroupement de 8 femmes qui se sont connues à travers des liens de parenté et de voisinage. Elles ont une moyenne d’âge de 45ans. Mariées avec six enfants, elles mènent différentes activités telles l’achat vente d’habillements et de céréales à l’image de AMI qui est la première personne assise sur une chaise devant. Elles vivent dans des grandes familles traditionnelles à DALABALA dans la sous préfecture de SELINGUE (Région de SIKASSO, République du Mali).
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités.
Dans le souci de satisfaire le besoin croissant de leur clientèle, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur quatrième prêt solidaire.
AMI, qui est la présidente du groupe et très connue à DALABALA, excelle dans la vente de céréales. Elle compte utiliser son prêt pour acheter 10 sacs de riz et de maïs. Elle s’approvisionne à DALABALA et environnants et vend ses céréales à DALABALA, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 35.000FCFA somme qui lui permettra de rembourser le prêt et de réinvestir dans son activité.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,100
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $12,487,975
    Funds lent in using Kiva
  • 494.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD