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Nieta Group
In this Group: Minata , Dikourou , Binta , Koude , Kadia , Fanta
The women of the Nieta group are all married with four children, around 41 years old and live in large extended families in the village of Marka-Counga in the municipality of Fana, the Koulikoro region (the second largest administrative region of the Republic of Mali). They met through friends and family and are involved in foodsales and selling clothes, cereal and condiments. Fanta O. aims to use her loan in order to purchase clothes for a variety of people. She sources her goods from Bamako and Burkina Faso and sells them from her home or through door-to-door sales through cash and credit sales to a customer base made up of men and women. She aims to generate an average monthly profit of 50,000 FCFA which will be used to meet her family's needs and to invest in her business.
View original language description ↓
Les femmes du groupe Nieta, toutes mariées, ont en moyenne 41 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Marka-coungo, sous préfecture de Fana, région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté et de voisinage et font la restauration et le commerce des habillements.Ces femmes du groupe Nieta sont à leur huitième prêt solidaire qui sera utilisé pour acheter des habillements, des céréales et des condiments alimentaires pour la restauration.
FANTA O. compte utiliser son prêt pour acheter des habillements pour toutes catégories de personnes. Elle s’approvisionne en marchandises le plus généralement à Bamako et au Burkina Faso et effectue sa vente à la maison et en ambulance, au comptant et à crédit, à une clientèle composée de femmes et d’hommes.
Elle compte réaliser un bénéfice moyen mensuel de 50 000F CFA qui sera utilisé dans les dépenses quotidiennes de la famille et le reste sera réinvesti dans les activités de commerce.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 491.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nieta Group's $2,150 loan helped a member purchase of clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2011