A loan of $325 helped a member to purchase the ingredients for making beignets.

Danaya Group's story

The group DANAYA is composed of married women, who average 31 years of age and 3 children each. The women all live in traditional families in the village of Djoni, Commune de Konobougou, Préfecture de Barouéli, Région de Ségou (4th administrative region of the Republic of Mali). And they know one another through ties of kinship, community, and friendship. They work in food service and do commerce in grains, soap, beignets, and milk.

The women of the group DANAYA are on their sixth solidarity loan. To satisfy the enormous demand from their customers, they turn to the microfinance institution Soro Yiriwaso. These funds will be used to purchase their merchandise as cited above.

This client, BAH, who is sitting first from the right in the photo, is illiterate. She is currently a vendor of beignets. She intends to purchase a sack of millet, shea butter, and plastic bags from wholesalers in Konobougou. At her home and sometimes by hawking, the retail sales are made to a mixed customer base paying with cash or credit. She plans on making a monthly profit of 10,000 francs CFA that will be reinvested in her business.

In this group: Oumou , Awa , Tenin Dramane, Bah , Mariam , Gnakou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details