A loan of $1,725 helped a member to buy fish.

Nyetaa Group's story

Nyetaa Group is composed of five married women who live in large traditional expanded families. On average, they are 39 years old and have three children. They live in the neighborhood of Bozo in the city of Diamarabougou Markala (fourth administrative region of the Republic of Mali). The group members know each other through professional or family links; they are members of the same traditional association of women from Bozo, which has existed for over ten years. They have repaid without difficulty their previous four group loans and are now applying for their fifth group loan with Soro Yiriwaso.

They will use this loan to buy 12 boxes of smoked fish and 800 kg of fresh fish. The fish will be sorted and then either sold fresh or fried, smoked or dried. They get their supply of smoked fish in Macina (Mignon and Diado) and of fresh fish on location in Markala on the banks of the River Niger, near the bridge, in the fishery zones of Markala and in Niono (Dora). The fish, whether fresh, fried, smoked or dried, will be sold in Bamako, at the Castle Market in Ségou and on location in Markala, for cash and seldom on credit, to a clientele made up of women and men. They have at their disposal in their backyards traditional specialized ovens and dryers to smoke and dry their fish.

They expect to make an average monthly profit of 83,500 CFA francs (US$191). They will save this money to buy freezers, to help their husbands to buy fishery material, to take part in social events (baptisms, weddings and funerals) and to pay small household expenses, in particular soap and clothing. Their ambition is to buy, each of them, a freezer to bring down their expenses.

In this group: Mata, Pah, Kosso, Fanta, Rabiata

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Translated from French by Kiva volunteer Robert Mouris

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