A loan of $850 helped a member to purchase cloth (of Wax 'pagne').

Danaya Group's story

The members of the group Danaya are married equally in monogamous and polygamous households. And they average 39 years of age and five children each, all living in Sikoroni, a district in Bamako. And they know one another through ties of kinship, community, and their revenue-generating businesses. The group members sells cloth (Wax ‘pagne’) and condiments.

With the goal of building up their inventory of goods, the group members decided to turn toward the microfinance institution Soro Yiriwaso and are now on their second solidarity loan.

Ms. Ténin (the woman sitting at the far left in the photo) has a good reputation for selling Wax ’pagnes’ (the colorful cloth of western Africa). She intends to use this loan to purchase 20 lengths of ‘pagne’ cloth. She gets her supplies at the big market. Her sales are made by hawking, and sometime by special order, to a customer base composed mostly of Sikoroni women.

With this loan, Ms. Ténin plans on making an average monthly profit of 40,000 francs CFA that will be used for ensuring her children’s education and healthcare.

In this group: Ténin, Kadia, Korotoumou, Magnine

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details