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Tiessiri Group
In this Group: Waraba , Salimata, Alima, Mamou
The group TIESSIRI comprises four women, all married and averaging 32 years of age and five children each. The women live in traditional extended families with their husband, co-wives, brothers, and sons in the MASSABLACOURA district of Bougouni City. They know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to operate their businesses better, they joined the microfinance institution Soro Yiriwaso and are now on their fifth loan. The four previous loans were correctly repaid.

This group of women does commerce in clothing, as does MAMOU, who is the first woman on the right in the photo. She buys and sells grains and intends to use her loan to purchase 25 lengths of 'pagnes' (the colorful cloth of western Africa) from Bamako wholesalers. Accepting cash or credit, she makes her sales retail at the market and at home to a customer base composed essentially of women. She envisions making an average monthly profit of 22,000 francs CFA that will be reinvested in her work and used to repay the loan.
View original language description ↓
Le groupe TIESSIRI est constitué de 4 femmes toutes mariées ayant une moyenne d’âge de 32 ans et 5 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le quartier MASSABLACOURA de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur cinquième prêt. Les 4 précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce d’ habillements à l’image de MAMOU,qui est la première femme de la droite vers la gauche. Elle fait l’achat vente d’habillements et compte acheter avec son prêt, 25 pagnes avec les grossistes de Bamako. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 22.000FCFA qui sera investi dans les activités et rembourser le prêt.

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

  • $1,100
    Average annual income
  • 31
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 503.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD