A loan of $550 helped a member to buy cereals.

Danaya Group's story

Danaya is a group from the association Fabolona from Dangassa. It groups together women who met through family and neighborhood ties. They are on average 30 years old. Married with on average of four children, they manage different businesses such as buying and selling cereals just like Niagamba who is the first person standing from left to right in the photo. They live in large traditional families in Dangassa in Kourouba Arrondissement (Koulikoro region, republic of Mali).

They have been shopkeepers for several years and are very much in demand for their businesses buying and selling cereals: mils [African cereal], rice, beans, etc.

Due to the concern of meeting the growing needs of their clientele, the members of the group decided to join Soro Yiriwaso's loan program. They are on their third group loan.

Niagamba, who is the president of the group and very well-known in Dangassa, excels in the sale of cereals. She plans to use her loan to buy 3 bags of rice, 3 bags of mil, etc. She gets her supplies in Dangassa and locally and sells her products in Dangassa, for cash and credit to a mixed clientele. She hopes to make a monthly profit of 20,000 FCFA, an amount which will allow her to repay the loan and reinvest in her business buying and selling cereals.

In this group: Niagamba, Kadiatou, Sali, Fanta, Setou Mambou

Translated from French by Kiva volunteer S Mason

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Loan details