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Tiessiri 1 Group
In this Group: Aminata , Minata , Sarata , Djeneba , Sokona , Salimata , Mamine , Alima , Mamou , Aïche
The ten members of the group Tiessiri 1 are married women who average 38 years of age and four children.  They live for the most part in polygamous families in Tiendo, a village in Dioïla prefecture, Koulikoro region (2nd administrative region of the Republic of Mali).  They are collaborating with the micro-finance institution Soro Yiriwaso with the goal of better organizing their businesses at the start of winter.  The crops are peanuts, corn, and okra.  The group members are on their third farm loan, and the preceding loans have been repaid.

With this new loan, SOKONA K. intends to buy supplies (before prices rise) and sundry equipment and to cover the cost of labor for maintaining 1.4 hectares of peanuts.  After the harvest, the produce is sold to a customer base composed of women and men in the cities of Dioïla and Fana.

She plans to make a profit of about 65,000 francs CFA at the end of the planting season.
View original language description ↓
Les dix membres du groupe Tiessiri 1 sont des femmes mariées ayant une moyenne d’âge de 38 ans et ont en moyenne 4 enfants. Elles vivent la plupart dans des familles polygames à Tiendo, un des villages de la préfecture de Dioïla, région de Koulikoro, 2ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage.
Les spéculations cultivées sont l’arachide, le maïs et le gombo.
Elles sont à leur troisième prêt de campagne et les précédents ont été bien remboursés.
Avec ce nouveau prêt, SOKONA K. compte acheter les intrants avant la hausse des prix, les petits équipements et payer les frais de labour pour entretenir environs 1 ,4 hectares d’arachide.
La production est vendue au niveau de la ville de Dioïla et Fana après les récoltes à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 65.000FCFA environs en fin de campagne.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 151
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 514.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiessiri 1 Group's $1,475 loan helped a member paying for supplies, equipment, and manual labor.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 16, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011