A loan of $2,025 helped a member to buy rice.

Nyètaa Group's story

The five women who make up the Nyètaa group are all married in monogamous families. They are, on average, 36 years old and have 4 children each. They all live in the Darsalam neighborhood of Ségou (4th administrative district of Mali). They know each other because they are neighbors, relatives, or because they are involved in the same income-generating activities at the Médine market in Ségou. They sell wax print fabrics and rice.

In order to build up their stocks of merchandise for resale, the members of the group have decided to join Soro Yiriwaso and are on to their eleventh solidarity loan.

Madinè, second from the right in the photo, is an important grain reseller in her neighborhood in Darsalam and at the Médine market in Ségou. She plans to use her loan to purchase 8 bags of rice. She gets her rice supplies from the rice-growing areas of the Office du Niger (Niono and Bêwani). She sells for cash or on credit to customers of both genders. With this loan, she is expecting average monthly profits to reach 50,000 CFA francs. She will use her earnings to reinvest in her activity and to pay for her children's school fees. Like the other members of the group, her ambition is to use her savings and to cooperate with Soro Yiriwaso, in order to buy a plot of land for residential use.

In this group: Madinè , Tenemba , Salimata , Rokia , Fadima

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Translated from French by Kiva volunteer Sophie Narayan

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