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Nyètaa Group
In this Group: Djami , Mariétou Dite Matou , Mariétou Dite Mana , Djènèbou , Assan , Rokia
Married within polygamous families, the six women in Nyètaa group are on average 45 years old with four children. They live in Pelengana, center of a rural community in the region of Ségou. They know each other as neighbors, family friends, and business partners within the market Chateau in Segou. They are in the business of selling fabric of different qualities (bazins, wax and fancy) and fruits. In an effort to boost sales and restock their inventory, the group joined Soro Yiriwaso. They are on their 5th round of financing.
Mrs. Marietou called Mama (1st woman standing on the right of the photograph) is a big seller of the fabrics (Bazin, Wax, Fancy) in Ségou. She intends to purchase 20 reams of wax fabric from wholesalers at the market in Ségou. She sells door to door on credit and at different markets in Segou to both men and women. Mama hopes to make an average monthly profit of 60,000 cfa francs. The profits will be reinvested in the business and used to take care of her families health and schooling needs. Like her fellow group members, she hopes to buy a plot of land to build a home in partnership with Soro Yiriwaso.
View original language description ↓
Mariées majoritairement dans des familles polygamiques, les six femmes du groupe Nyètaa ont en moyenne 45 ans et 4 enfants. Elles vivent à Pelengana, chef lieu de commune rurale dans la région de Ségou. Elles se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu dans le marché Château de Ségou. Les membres du groupe font le petit commerce des pagnes de toutes qualités (bazins, wax et Fancy) et de jus de fruits. Dans le but d’augmenter leurs fonds de commerce afin de se ravitailler au comptant, les membres du groupe ont adhéré à Soro Yiriwaso et sont à leur 5ème cycle de prêt solidaire.
Madame Marietou dite Mama (1ère femme en position debout sur la photo de la droite vers la gauche) est une grande vendeuse de Pagnes de toutes les qualités (Bazin, Wax, Fancy etc..). à Ségou. Elle compte utiliser son prêt pour acheter 20 pièces de Pagnes Wax avec les commerçants grossisses au grand marché de Ségou. La revente se fait en ambulant au comptant et à crédit à domicile et aux différents marchés de Ségou à une clientèle composée majoritairement d’hommes et de femmes. Madame Marietou dite Mama espère réaliser avec ce prêt un bénéfice mensuel moyen de 60 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et assurer les besoins du foyer en soin de santé et de scolarisation des enfants. A l’image des autres femmes du groupe, elle a pour objectif d’acheter un lot à usage d’habitation dans ce partenariat avec Soro Yiriwaso.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $9,992,325
    Funds lent in using Kiva
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyètaa Group's $2,350 loan helped a member to purchase fabric.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013