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Nyetaa Group
In this Group: Safiatou, Fatoumata , Kadiatou , Aminata , Djeneba , Fatoumata
The six women of the group Nyetaa are all married in monogamous families, and they average 36 years of age and three children all living in the Hamdallaye district, in the urban community of Ségou (4th administrative region of the Republic of Mali). This group of women, who are linked by ties of kinship and marriage, became specialized in the businesses of dying cloth and selling the items to do so. The group members are on their eleventh solidarity loan after having properly repaid without fail the ten preceding ones.

Ms. Safiatou H., who is the president of the group, has been operating her business dying cloth and selling the dyed damask for thirty years. She offers her dye services to anyone who needs them, and she ensures the training of the young women who want the training. She enjoys a great reputation for quality and seriousness in her work.

Safiatou will use her sum for buying: 40 bolts of damask cloth, including 2 bolts of "riche" damask, 30 kg of caustic soda, a dozen pouches of various dyes, a box of laundry soap, and 10 kg of salt. She gets her supplies in Bamako.

To dye damask cloth, the motifs must be introduced onto the cloth ahead of time. And then the necessary quantity of caustic soda is dissolved with the necessary colors. It is all mixed, boiled, left to soak, washed as needed, dried, and pounded until the cloth is smooth and shiny.

Accepting cash or credit, Safiatou sells her products at home and by special order in Bamako and Dakar to a customer base composed of women and men.

She hopes to make a monthly profit of 95,000 francs CFA that will be used to repay her loan, to help cover family expenses, and to take part in societal events (marriages, baptisms, funerals).
View original language description ↓
Les six femmes du groupe Nyetaa sont toutes mariées dans des familles monogames ayant en moyenne 36 ans, 3 enfants et habitant toutes le quartier Hamdallaye, Commune Urbaine de Ségou (4ème Région administrative du Mali).
Ce groupe de femmes qui est lié par des liens de parenté et de mariage, s’est spécialisé dans les activités de teinture et vente d’articles teints.
Elles sont à leur 11ème prêt solidaire après avoir correctement remboursé sans faille les 10 précédents.
Madame Safiatou H. qui est la présidente pratique cette activité de teinture et vente de bazins teints il y a 30ans. Elle offre ses services de teinture à qui en a besoin et assure la formation des jeunes femmes qui le désirent. Madame Safiatou H. jouit d’une grande réputation pour la qualité et le sérieux dans son travail.
Elle utilisera son montant pour acheter : 40 pièces de Bazin dont 2 pièces de Bazin riche, 30kg de soude caustique, une douzaine de sachets de divers colorants, 1carton de savon de lessive, et 10kg de sel. Elle s’approvisionne à Bamako.
Pour teindre un Bazin il faut préalablement présenter les motifs sur le tissu puis faire dissoudre la quantité de soude caustique qu’il faut, faire le mélange de couleurs nécessaires, le bouillir, le laisser tremper, le laver au besoin, le faire sécher; le battre jusqu’à le rendre lisse et brillant.
Elle revend ses produits à domicile et sur commande à Bamako et Dakar à une clientèle composée d’homme et de femmes, au comptant et à crédit.
Elle espère réaliser un bénéfice mensuel de 95.000FCFA qui sera utilisé pour, rembourser son prêt, contribuer aux dépenses familiales, participer aux évènements sociaux (mariages, baptêmes, funérailles).

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

  • $1,100
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 506.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyetaa Group's $2,075 loan helped a member buying white damask cloth and supplies for dying cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
May 6, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010