A loan of $1,275 helped a member to purchase cloth.

Danaya Group's story

The four members of the group "DANAYA" are married women, who average 38 years and four children each. The women live for the most part in monogamous families in Medine, a working-class district in Sikasso City, in the 3rd administrative region of the Republic of Mali. They are on their fifteenth loan with the microfinance institution Soro Yiriwaso and are concerned about meeting the needs of their customers.

Ms. FATOUMATA does commerce in cloth in this group of women. She is standing at the far right in the photo. She intends to use her loan to purchase about 7 lengths of cloth, which she sells retail locally and at the market. She envisions making an average monthly profit of 35,000 francs CFA. Part of the profits is used to pay back the loan with interest, and the other part goes to her savings.

In this group: Tata , Nene , Safoura , Fatoumata

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details