Check out some available loans that are similar to this one!
Tiessiri Group
In this Group: Djeneba , Ba Satou , Djeliya , Kadia , Badiallo , Assan , Fatoumata
The seven women of the Tiessiri group are mostly married women in monogamous households. They have an average age of 33 years and 5 children each. They all live in the village of Benzana in the region of Ségou (the 4th administrative region of Mali) and came to know each other through neighbors, family, and their revenue-generating businesses in the village.

The women are in the firewood business. With the goal of increasing their business capital, the members of the group decided to partner with Soro Yiriwaso and are on their second group loan cycle.

Djeneba (the first woman seated on the left in the photo) is a big seller of firewood in the village of Benzana and surrounding area. She plans to use her loan to buy enough firewood from the farmers around Ségou. She then resells this for cash at the market and from her home to a customer base made up mostly of women.

Djeneba hopes to earn an average monthly profit of 20,000 francs CFA with this loan, which will be used to provide for her children's needs and to increase her business capital.
View original language description ↓
Les sept femmes du groupe Tiessiri sont mariées à majorité monogames dans leurs ménages. Elles ont en moyenne 33 ans et 5 enfants. Elles habitent toutes dans le village de Benzana dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu dans le village. Elles font le petit commerce de bois .Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 2eme cycle du prêt solidaire. Madame Djeneba (1ère femme assise à gauche dans la photo) est une grande vendeuse de bois de chauffe dans le village de Benzana et ses environnants. Elle compte utiliser son prêt pour acheter une quantité suffisante de bois de chauffe auprès des paysans des environs de Ségou. La revente se fait au comptant au marché et à domicile à une clientèle composée majoritairement de femmes. Madame Djeneba espère réaliser un bénéfice mensuel moyen de 20.000 FCFA avec ce prêt, qui sera utilisé dans la prise en charge des besoins des enfants et augmenter son fond de commerce.

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
  • 7
    View loans »
    Mali Loans Fundraising
  • $10,150,450
    Funds lent in using Kiva
  • 497.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiessiri Group's $725 loan helped a member to purchase firewood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014