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Nieta Group
In this Group: Aïchata , Mamou , Tenimba , Nessa , Kadia
The members of the Nieta Group are all married, either in monogamous or polygamous families. They are, on average, 36 years old and have four children. The women live in Bamako-Coura, a neighbourhood of Bamako, and know one another through working at the market in Bamako-Coura, and through neighbourhood ties.

The Nieta Group sell vegetables (cucumbers), clothes and eggs. The women would all like to improve their businesses so they work with the field partner, Soro Yiriwaso. This will be their third group loan.

Nessa (standing on the far right in the photo) sells vegetables (cucumbers). She plans to use her loan to buy thirty sacks of cucumbers in Bamaka. She will then sell them in Bamako-Coura to customers who are mainly women.

Nessa expects to earn an average monthly profit of 100,000 francs CFA, and she will use this to reinvest in her business and contribute to the expenses of her household.
View original language description ↓
Mariées équitablement dans des ménages polygamiques et monogamiques, les quatre membres du groupe Niièta ont en moyenne 36 ans et 4 enfants. Elles habitent toutes à Bamako-Coura l’un des quartiers de Bamako et se sont connues à travers des liens de voisinage et de leurs activités génératrices de revenu au marché de Bamako-Coura. Les membres du groupe font le petit commerce de, légumes (concombres), habits et œufs Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Nessa (femme debout en 1ére position de la droite vers la gauche sur la photo) est une grande vendeuse de légumes, (concombres). Elle compte utiliser son prêt pour acheter 30 sacs de concombre à Bamako. La revente se fait en détails à Bamako-Coura à une clientèle composée majoritairement de femmes. Madame Nessa compte avoir avec ce prêt un bénéfice mensuel moyen de 100 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et satisfaire les petits besoins du foyer.

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
  • 479.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nieta Group's $2,100 loan helped a member to buy vegetables (cucumbers) for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014