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Nyètaa Group
In this Group: Nana , Fatoumata , Korotoumou , Awa
The four members of the Nyètaa group are married and mainly live in monogamous families. They are on average 35 and have 3 children, on average. They all live in the Djaka kin neighborhood of Kirango Markala (4th administrative region of the Republic of Mali) and them met through ties of marriage and through traditional associations (helping each other with marriages, baptisms, and funerals).

This group buys and sells fish in various forms (smoked, dried, etc.) With the intention of satisfying the needs of their clientele, they decided to join the loan program of the micro-finance institution Soro Yiriwaso, with whom they are on their 4th solidarity loan, after having correctly reimbursed the three preceding loans.

They intend to use this loan to buy 30 baskets (corresponding to 450 kg) of fresh fish, which will be completely dried using traditional dryers. They buy their fish on the banks of the Niger River in Kirango, mainly from their husbands and in periods of crisis, from other local fishermen. The dried fish is sold for cash and retail in the market fairs of Diamarabougou, Bousssin, and Siribala and in the daily market of Kirango, to a clientele composed generally of women.

They each hope to make a monthly average profit of 36,560 F CFA which will be used to reimburse the loan and buy clothing for their children. Their ambition is to raise sheep and goats.

View original language description ↓
Les quatre membres du groupe Nyètaa sont mariés majoritairement dans des familles monogamiques avec en moyenne 35ans et 3 enfants. Elles habitent toutes dans le quartier Djaka kin de Kirango Markala (4ème Région administrative de la république du Mali) et se sont connues à travers des liens de mariage et d’associations traditionnelles (entraide dans les évènements sociaux (mariage, baptême et funérailles).
Ce groupe fait l’achat vente de poissons sous toutes ses formes (fumé séché etc.)
Dans le souci de satisfaire le besoin de leurs clientèles, elles ont décidé d’intégrer le programme crédit de l’institution de microfinance Soro Yiriwaso avec qui elles sont à leur quatrième prêt solidaire, après avoir correctement remboursé les trois précédents prêts.
Elles comptent utiliser le prêt pour acheter, 30 corbeilles correspondant à 450 kg de poisson frais qui sera entièrement séchés à l’aide de séchoirs traditionnels.
Elles se ravitaillent en poisson au bord du fleuve Niger à Kirango principalement avec leurs maris et en temps de crise avec d’autres pêcheurs de la place. Le poisson ainsi séché est revendu au comptant et en détail dans les foires de Diamarabougou, Bousssin, Siribala et au marché journalier de Kirango à une clientèle constituée généralement de femmes.
Elles espèrent réaliser chacune un bénéfice mensuel moyen de 36.560FCFA qui sera utilisé pour le remboursement du prêt et l’achat des habits pour les enfants.
Elles ont pour ambition d’élever des petits ruminants.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 481.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyètaa Group's $425 loan helped a member purchase of fish to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 30, 2009
Jun 1, 2009
Currency Exchange Loss:
Nov 15, 2009