A loan of $1,600 helped a member buy cereals.

Danaya Group's story

The Danaya group belongs to the Benkadi association in Tiele. It includes women who became acquainted through kinship and neighborhood ties. They are on average 27 years old, married with two children.

They conduct various activities such as trading cereals like Alima, who is the first person sitting from right to left in the photo. They live in large traditional families in Tiele, in the Baguineda sub-district (Koulikoro region, Republic of Mali).

They have been running small businesses for several years and are in high demand with their cereal-trading activities: rice, corn and millet.

To satisfy the growing needs of their customers, the group decided seven years ago to join the Soro Yiriwaso loan program. They are on their ninth group loan.

Alima, who is a group member and very well known in Tiele, excels in trading cereals. She plans to use her loan to buy two bags of rice and three bags of millet. She resupplies in Bamako and locally, and retails the cereals in Tiele, for cash and on credit, to a clientele composed of men and women.

She hopes to attain monthly profits of 30,000 CFA francs, which will enable her to repay the loan and reinvest the remainder in her cereal-trading activities.

In this group: Setou , Alima , Sali , Doussou , Ami

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Translated from French by Kiva volunteer René McConnell

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