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Total loan: $2,175
Segou, Segou, Mali / Clothing
Flag of Mali
Nyetaa Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy wax pagnes [bright, colorful fabric].
Nyetaa Group's story
The five women in the Nyetaa group all live in nuclear families. They are, on average, 41 years old and have three children. And they all live in the Médine area in Ségou (the fourth administrative region of the Republic of Mali). These women know each other from neighborhood, family, and marriage ties, and their work in the area. They work in small-scale commerce selling clothing, grains, and condiments. With the goal of increasing their business funds, the group members decided to collaborate with Soro Yiriwaso, and they are on their seventh group loan. Djeneba (the first woman standing on the left in the photo) is a successful merchant who sells wax pagne [bright, colorful fabric] in the Médine area and surrounds. She plans to use this loan to buy 27 lengths of wax pagne in Ségou and Bamako. Sales are made for cash and often for credit from her home and at a market to a mixed group of customers. Djeneba hopes to earn an average monthly profit of 105,000 francs CFA with this loan, which will be used to cover her children's small needs and also to increase her business funds.