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Nyètaa Group
In this Group: Madinè , Tenemba , Salimata , Rokia , Fadima
The five women who make up the Nyètaa group are all married in monogamous families. They are, on average, 36 years old and have 4 children each. They all live in the Darsalam neighborhood of Ségou (4th administrative district of Mali). They know each other because they are neighbors, relatives, or because they are involved in the same income-generating activities at the Médine market in Ségou. They sell wax print fabrics and rice.

In order to build up their stocks of merchandise for resale, the members of the group have decided to join Soro Yiriwaso and are on to their eleventh solidarity loan.

Madinè, second from the right in the photo, is an important grain reseller in her neighborhood in Darsalam and at the Médine market in Ségou. She plans to use her loan to purchase 8 bags of rice. She gets her rice supplies from the rice-growing areas of the Office du Niger (Niono and Bêwani). She sells for cash or on credit to customers of both genders. With this loan, she is expecting average monthly profits to reach 50,000 CFA francs. She will use her earnings to reinvest in her activity and to pay for her children's school fees. Like the other members of the group, her ambition is to use her savings and to cooperate with Soro Yiriwaso, in order to buy a plot of land for residential use.
View original language description ↓
Mariées toutes dans des ménages monogamiques, les cinq femmes du groupe Nyètaa ont en moyenne 36 ans, 4 enfants et vivent toutes dans le quartier Darsalam de Ségou (4ème région administrative du Mali).
Elles se sont connues à travers des liens de voisinage, de parenté et à travers leurs activités génératrices de revenu au marché de Médine de Ségou et font le petit commerce de pagnes wax et de riz.
Dans le but de constituer leurs stocks de vente, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 11ème prêt solidaire.
Madame Madinè, en 2ème position de la droite vers la gauche, est une grande vendeuse de céréales dans son quartier à Darsalam et au marché Médine de Ségou. Elle compte utiliser son prêt pour acheter 8 sacs de riz. Elle se ravitaille en riz dans les zones rizicoles de l’office du Niger (Niono et Bêwani). La vente se fait à crédit et en espèce à une cliente composée d’hommes et de femmes. Avec ce prêt, Madame Madinè espère réaliser un bénéfice mensuel moyen de 50 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge les frais scolaires des enfants.
Tout comme les autres membres du groupe, elle a pour ambition l’achat d’un lot à usage d’habitation dans ce partenariat avec Soro Yiriwaso avec ses épargnes.

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
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,619,150
    Funds lent in using Kiva
  • 499.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD