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Nyetaa Group
In this Group: Sitan, Fatoumata Bagnini , Korotimi , Fatim
The group Nyetaa is composed of four married women mostly in polygamous households.  The women average 38 years of age and five children each and live at the Camp Militaire de Ségou (4th administrative region of the Republic of Mali).  The women know one another through community ties because they are all the wives of soldiers and belong to the same association "Finesse", a women's mutual-aid organization of the camp. 

The group members do commerce in a variety of goods. Concerned about satisfying customer needs, they decided to collaborate with Soro Yiriwaso and are now on their solidarity loan.  They intend to buy ten outfits of moins riche damask outfits, fifteen bolts of Wax pagnes (colorful West African cloth), six outfits of embroidered cloth, two sacks of wheat flour, two 20-liter containers of cooking oil, and some ingredients for making incense.  Supplies of clothing are gotten in Bamako and at the big market of Ségou;  ingredients for incense, pagnes, oil, and flour are gotten at the big market of Ségou. 

The clothing is sold at the big market, at the weekly fair in Ségou, at the Château market, and inside the camp.  The incense are divided into two, with one part sold at the big market and the other part lent out to the women in the camp by special order.  The beignets made of wheat flour are sold at the Ségou Coro market to customers composed of women and men.

The group members hope to realize an average monthly profit of 27,375 francs CFA that will be used to repay the loan and the lending association, to meet sundry family needs, to assist with societal events, and to buy small ruminants.  Their ambition is to have a house in which to live in Ségou or Bamako.
View original language description ↓
Le groupe Nyetaa est composé de quatre femmes, mariées majoritairement dans des ménages polygames. Elles ont en moyenne 38 ans, 5 enfants et habitent au Camp Militaire de Ségou (4ème Région administrative du Mali).
Elles se sont connues à travers des liens de voisinage car sont toutes épouses de militaires et font partie de la même association Finesse d’entre aide des femmes du camp. Elles font le commerce d’articles divers.
Dans le souci de satisfaire le besoin de leurs clientèles, elles ont décidé de collaborer avec Soro Yiriwaso avec qui, elles sont à leur prêt solidaire.
Elles comptent acheter, 10 tenues en bazins moins riche, 15 pièces de pagnes wax, 6 tenues en tissus brodés, 2 sacs de farine de blé, 2 bidons d’huile alimentaires de 20Litres et des ingrédients pour la fabrication de l’encens.
Elles s’approvisionnent en habits à Bamako et au grand marché de Ségou, en ingrédients pour l’encens, les pagnes en wax, l’huile, la farine au grand marché de Ségou.
Les habits sont vendus au grand marché, à la foire hebdomadaire de Ségou et au marché château et à l’intérieur du camp, l’encens est repartie en deux une partie est vendue au grand marché et l’autre est donnée à crédit aux femmes du camp sur commande, les beignets en farine de blé sont vendu au marché de Ségou Coro. Les ventes se font au comptant et à crédit à une clientèle composée de femmes et d’hommes.
Elles espèrent réaliser un bénéfice moyen mensuel de 27.375 FCFA qui servira à rembourser le prêt, les tontines, à satisfaire les petits besoins familiaux, à participer aux événements sociaux, à acheter de petits ruminants.
Elles ambitionnent avoir une maison à usage d’habitation à Ségou ou Bamako.

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
  • 16
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 441.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyetaa Group's $925 loan helped a member to buy various goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010