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Nyéléni Group
In this Group: Adja Ramata , Fatou , Safiatou , Ami , Ayou , Aby
The six women comprising the Nyéléni group are married and mostly living in monogamous families, are on average 45 years old and have four children. They live in the Darsalam neighborhood in the city of Ségou (4th largest administrative region of Mali) and met through neighborhood links, family links and through their income-generating activities at the Château Ségou market. They are all involved in the sale of colorful African wax cloths, children's clothing, plastic shoes and local juices. In order to satisfy their growing client requests, the members of the group joined Soro Yiriwaso and are on their 10th loan.
Mrs Adja Ramata (seen in the photo as the person most on the left of those) has a very positive reputation for selling was cloths at Darsalam and the Château market. She plans to use this loan in order to purchase 50 pieces of was cloth. She stocks up on merchandise buy purchasing bulk quantities from the Ségou and Bamako markets, and re-sells them for cash and credit to a customer base comprised mostly of women. She hopes to earn a monthly revenue of 45,000 FCFA (~88 USD) which will be reinvested in her activity and used to take care of her children's health. Mrs Adja Ramata hopes to purchase a batch of clothing through this partnership with Soro Yiriwaso.
View original language description ↓
Les six femmes du groupe Nyéléni sont mariées majoritairement dans des familles monogames avec une moyenne d’âge de 45 ans et 4 enfants. Elles vivent toutes dans le quartier Darsalam de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu au marché Château Ségou. Elles font le petit commerce de pagnes wax, bazins, habits pour enfants, chaussures plastiques et jus locaux. Dans le but de satisfaire la clientèle de plus en plus croissante, les membres du groupe ont adhéré à Soro Yiriwaso et sont à leur 10ème cycle de prêt solidaire.
Madame Adja Ramata (femme debout en première position sur la photo de la gauche vers la droite) a une grande réputation dans la vente des pagnes wax et bazins à Darsalam et au marché Château. Elle compte utiliser son prêt pour acheter 50 pièces de pagne wax. Elle se ravitaille en marchandises en gros au grand marché de Ségou et parfois à Bamako. La revente se fait à crédit et en espèce à une cliente composée majoritairement de femmes. Elle compte avoir un bénéfice mensuel moyen de 45.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge les soins de santé des enfants. Madame Adja Ramata a pour ambition l’achat d’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
  • 33
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 512.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyéléni Group's $1,175 loan helped a member purchase colorful African wax cloths.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013