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Tiessiri I Group
In this Group: Sanata , Mah , Mamou Adama , Sanata Solo , Karia , Sitan , Sitan Bouroulaye, Adiarra , Ramatou , Karia Daouda
The ten members of the TIESSIRI I group are married women, on average 40 years old and with four children. They mostly live in polygamous families in Kenikela, one of the villages of the Massigui commune in the Dioïla prefecture of the Koulikoro region, second administrative region of Mali. They collaborate with the micro-finance institution Soro Yiriwaso with the goal of better organizing their businesses at the beginning of the rainy season. The crops they grow are, among others, groundnuts, rice, and a little millet. They are on their seventh loan with the institution.

With this loan, SITAN BOUROULAYE, the second person on the right in the row standing up, plans to buy inputs and small equipment, and pay for labor costs needed to maintain around one hectare of rice and groundnuts. After the harvest, the produce is sold in the city of Massigui to men and women. She makes a profit of around 50,000XOF per year.
Les dix membres du groupe TIESSIRI I sont des femmes mariées avec une moyenne d’âge de 40 ans et ont en moyenne 4 enfants. Elles vivent la plupart dans des familles polygames à Kenikela un des villages de la commune de Massigui, préfecture de Dioïla, région de Koulikoro, 2ème région administrative du mali.
Elles collaborent avec l’institution de micro finance Soro yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont entre autres l’arachide, du riz et un peu de mil. Elles sont à leur septième collaboration avec l’institution.
Avec ce prêt, SITAN BOUROULAYE la deuxième personne à droite dans le rang des debout, compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 1 Ha de riz et d’arachide
Les productions sont vendues au niveau de la ville de Massigui, après les récoltes à une clientèle composée d’hommes et de femmes. Elle réalise un bénéfice de 50 000F CFA environs par 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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,177,025
    Funds lent in using Kiva
  • 501.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiessiri I Group's $1,500 loan helped a member to pay for labor, seeds, fertilizer, herbicide, hoeing, and small equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 11, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014