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Nieta Group
In this Group: Fanta , Penda , Ama , Maïmouna , Ramata , Awa , Awa
The Nièta group consists for the most part of married women living with their husbands and children in nuclear families. They are on average 38 years old with six children. They all live in Samè, one of Bamako's neighborhoods, and became acquainted through kinship, neighborhood ties and friendship.

Members of the group trade in quality second-hand clothing, condiments, kitchen utensils and potatoes. To build up their stock-in-trade, group members decided to work with Soro Yiriwaso and are on their first group loan cycle.

Mrs. Ramata (the woman in the third position from right to left in the photo) has a great reputation selling quality second-hand clothing. She intends to use her loan to buy wholesale two bales of second-hand clothes in Médine. Retail sales are conducted in Samè to a clientele consisting mainly of women.

Mrs. Ramata hopes to achieve with this loan an average monthly profit of 40,000 CFA francs, to be fed back into the business.
View original language description ↓
Le groupe Nièta est majoritairement composé des femmes mariées vivant avec leurs maris et leurs enfants dans des familles nucléaires. Elles ont en moyenne 38 ans et 6 enfants. Elles habitent toutes à Samè l’un des quartiers de Bamako et se sont connues à travers des liens de parenté, de voisinage et d’amitié. Les membres du groupe font le petit commerce d’habits (friperies) de meilleures qualités, de condiments, ustensiles et pommes de terre. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1er cycle de prêt solidaire.
Madame Ramata (femme arrêtée en 3èmeposition de la droite vers la gauche sur la photo) a une grande réputation dans la vente des habits (friperies) de meilleures qualités. Elle compte utiliser son prêt pour acheter 2 balles de friperies en gros à Médine. La revente se fait à Samè et à une clientèle constituée majoritairement de femmes. Madame Ramata espère réaliser avec ce prêt un bénéfice mensuel moyen de 40 000 FCFA qui sera utilisé, pour être réinjecté dans l’activité.

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
  • 144
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 483.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nieta Group's $1,450 loan helped a member buy clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2014
Listed
Jun 21, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014