Funded

Total loan: $3,175
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Danaya Group

Mali
Kalaban Coro, Mali / Fuel/Firewood

A loan of $3,175 helped a member to purchase firewood.


Danaya Group's story

The Danaya Group is predominantly made up of monogamous women, with an average age of 38 and an average of six children each. They all live in the village of Kalaban Coro, the administrative centre of Kati Cercle within the second administrative area of Mali. They all know each other through the bonds of community. The members of the group sell firewood, cosmetic products, clothes and cereals. In order to replenish their cash supplies, the members of the group decided to collaborate with Soro Yiriwaso. This will be their fourth group loan. Assan, the woman sat to the far left of the photo, has established a solid reputation for selling firewood. She plans on using this loan to purchase one truck-load of firewood from the surrounding villages of Bamako. She will then resell this wood at market to a mixed customer base. With this loan, Assan hopes to earn an average monthly profit of 100,000 FCFA, which will be reinvested into her business. Through her partnership with Soro Yiriwaso, her goal is to buy her own place to live.

In this group: Assan , Maï , Maï , Fatoumata , Adam
*not pictured

Translated from French by Kiva volunteer Christopher Smith



Loan details

Loan length:

7 months
Disbursed date: April 15, 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: April 15, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children