A loan of $425 helped a member purchase of fish to sell.

Nyètaa Group's story

The four members of the Nyètaa group are married and mainly live in monogamous families. They are on average 35 and have 3 children, on average. They all live in the Djaka kin neighborhood of Kirango Markala (4th administrative region of the Republic of Mali) and them met through ties of marriage and through traditional associations (helping each other with marriages, baptisms, and funerals).

This group buys and sells fish in various forms (smoked, dried, etc.) With the intention of satisfying the needs of their clientele, they decided to join the loan program of the micro-finance institution Soro Yiriwaso, with whom they are on their 4th solidarity loan, after having correctly reimbursed the three preceding loans.

They intend to use this loan to buy 30 baskets (corresponding to 450 kg) of fresh fish, which will be completely dried using traditional dryers. They buy their fish on the banks of the Niger River in Kirango, mainly from their husbands and in periods of crisis, from other local fishermen. The dried fish is sold for cash and retail in the market fairs of Diamarabougou, Bousssin, and Siribala and in the daily market of Kirango, to a clientele composed generally of women.

They each hope to make a monthly average profit of 36,560 F CFA which will be used to reimburse the loan and buy clothing for their children. Their ambition is to raise sheep and goats.

In this group: Nana, Fatoumata, Korotoumou, Awa

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details