A loan of $1,025 helped a member to buy some "pagnes" and fabrics.

Danaya Group's story

The five members of the DANAYA group are married women who are, on average, 40 years old and also have an average of four children each. Most of these women live in monogamous families in the Médine neighborhood of the city of Sikasso (third adminitrative region of Mali).

They are on their eleventh loan with the microfinance institution Soro Yiriwaso, and they are taking this loan to meet the needs of their customers.

Bintou sells pagnes (colorful West-African fabrics) and other fabrics. In the photo, she is the woman standing in the middle of the group.

She plans to use her loan to buy 70 meters of fabric to make 30 pagnes which she will resell on a retail basis at the Grand Market and from home. Her customer base consists of men and women who pay her in cash.

Bintou is expecting to make an average monthly profit of 20,000 CFA francs, part of which will be used to repay her loan and the interest, while the extra money will be put into savings.

In this group: Fatoumata, Aminata, Bintou, Dialia, Nabintou

Translator profile picture

Translated from French by Kiva volunteer Sophie Narayan

Loan details

Lenders and lending teams

Loan details