Funded

Total loan: $3,800
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Danaya Group

Mali
District de Bamako, Mali / Cloth & Dressmaking Supplies

A loan of $3,800 helped a member to purchase fabrics.


Danaya Group's story

The group Danaya is composed only of polygamous women, who average 42 years of age and four children each. They all live in Badialan, a neighborhood in the district of Bamako, and they know one another through community ties. The group members work in small-scale commerce involving fabrics, such as sheers, 'pagnes' (the colorful cloth of western Africa), and damasks; and all types of beverages.

With the goal of building up their cash again, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their third solidarity loan cycle.

Ms. Mariétou (the woman sitting in back at the far right in the photo) has a great reputation for selling fabrics (damasks, Wax 'pagne' cloth, sheers, …) She intends to use her loan to purchase 20 meters of damasks, 20 lengths of Wax 'pagne' cloth, and 25 meters of sheers wholesale at the big market. Retail sales are hawked to a mixed customer base in Badialan.

With this loan, Ms. Mariétou hopes to make an average monthly profit of 80,000 francs CFA that will be used to reinvest in her business. Her goal is to purchase a plot of residential land with this relationship with Soro Yiriwaso.

In this group: Kadiatou , Fanta , Fatoumata , Mariétou , Mamou , Adam
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

7 months
Disbursed date: March 10, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams




Loan details

Loan length:

7 months
Disbursed date: March 10, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children