Funded

Total loan: $1,450
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Nieta Group

Mali
Bamako, Mali / Clothing

A loan of $1,450 helped a member buy clothing.


Nieta Group's story

The Nièta group consists for the most part of married women living with their husbands and children in nuclear families. They are on average 38 years old with six children. They all live in Samè, one of Bamako's neighborhoods, and became acquainted through kinship, neighborhood ties and friendship.

Members of the group trade in quality second-hand clothing, condiments, kitchen utensils and potatoes. To build up their stock-in-trade, group members decided to work with Soro Yiriwaso and are on their first group loan cycle.

Mrs. Ramata (the woman in the third position from right to left in the photo) has a great reputation selling quality second-hand clothing. She intends to use her loan to buy wholesale two bales of second-hand clothes in Médine. Retail sales are conducted in Samè to a clientele consisting mainly of women.

Mrs. Ramata hopes to achieve with this loan an average monthly profit of 40,000 CFA francs, to be fed back into the business.

In this group: Fanta , Penda , Ama , Maïmouna , Ramata , Awa , Awa
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

7 months
Disbursed date: June 4, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 4, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children