Funded

Total loan: $1,850
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Danaya (La Confiance) Group

Mali
Koutiala, Mali / Clothing

A loan of $1,850 helped a member to buy clothing.


Danaya (La Confiance) Group's story

Danaya is a group of 9 women from the Hamdallaya neighborhood in the town of Koutiala who live in large traditional families with their husbands, children and other relatives. They are on average 30 years old, married and have at least 3 children.

This group of women sells a variety of items such as fruit, clothing, shoes, catering, etc.

To increase the size of their businesses, the members decided to join the loan program of Soro Yiriwaso. They are on their sixth group loan.

Badiallo is a member of the group Danaya sitting in the 3rd position from the right to the left.

She plans to use her loan to buy all sorts of clothing. She gets her items in Koutiala and sells retail and for cash from home and at the market to a diverse clientele.

While the other members of Danaya group plan to make an average profit of 103,330 FCFA each during this loan cycle, Madam Badiallo plans to make 120,000 FCFA.

In addition to paying back the loans, they use part of the revenue to take care of their personal expenses and increase their working capital.

They hope to see this partnership with Soro Yiriwaso strengthened so that their stock is not scarce.

NB: Oumou is missing from the photo due to social reasons.

In this group: Sali , Kadia , Oumou*, Diarra , Badiallo, Afou , Bintou, Fatoumata, Aminata
*not pictured

Translated from French by Kiva volunteer S Mason



Loan details

Loan length:

8 months
Disbursed date: July 25, 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: July 25, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children