Funded

Total loan: $650
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Nietaga Group

Mali
Koutiala, Mali / Restaurant

A loan of $650 helped a member to buy ingredients to make fritters for sale.


Nietaga Group's story

The 'Nietaga' Group is made up of women from Koutiala Koko extension, who live in large, traditional families with their husbands, children and other relatives. They are, on average, thirty-eight years old, and have at least four children. The women sell various items such as firewood, soap and fritters.

In order to expand their businesses, the group have decided to start working with the field partner, Soro Yiriwaso.

Fanta (standing third from the right in the photo) sells fritters and cooking oil. She will use her loan to buy barrels of oil and beans in order to make fritters to sell at the market to various customers.

The other members of the group expect to earn an average of 95,000 francs CFA over the loan cycle, but Fanta expects to earn 105,000 francs CFA over the same period. In addition to repaying their loans, the women will use their earnings to provide for their personal expenses and increase the working capital of their businesses.

In the future, the group would like to continue working with Soro Yiriwaso to guarantee their supply of stocks.

In this group: Aichata , Wassa , Nana , Koumba , Fatim , Fanta
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Sarah Ryder



Loan details

Loan length:

8 months
Disbursed date: February 21, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 21, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children