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Tiessiri Group
In this Group: Kadia , Kadia , Fanta, Sali , Ramatou , Bintou , Djelika
Tiessiri Group is an association of women from the Hamdallaye district of the city of Koutiala. They know one another well, and are all married and living in large traditional families. Their average age is 35 years old, and they have three or more children. This group of women sells various goods, such as fabrics, fruits and vegetables, plastics, sundries, etc.. In order to increase the size of their operations, the members have decided to join the loan program of Soro Yiriwaso. They are on their ninth group loan.

Kadia is a Tiessiri Group member, shown seated in front, second from the right. She plans to use her loan to buy bags of peanuts, cassava, and yams. She purchases her merchandise at the large market, and resells them at retail for cash, both from her home and at the market, to a diverse clientele.

While other members of the Tiessiri Group hope to earn an average income of 195,000 Francs CFA each during this cycle, Kadia hopes to earn 215,000 Francs CFA. In addition to the repayment of loans, they use part of their income to meet personal expenses and increase their business capital.
View original language description ↓
Tiessiri est un regroupement de femmes de Hamdallaye de la ville de Koutiala qui se connaissent bien et qui vivent dans de grandes familles traditionnelles. Elles ont en moyenne 35 ans, sont mariées et au ont moins 3 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, les tissus, de fruits légumes, de plastiques, des divers, etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur neuvième prêt de groupe.
Kadia est un membre du groupe Tiessiri 2 eme assise devant de la droite vers la gauche.
Elle compte utiliser son prêt pour acheter des sacs d’arachide, des maniocs et des ignames. Elle se procure de ces produits au grand marché et elle les revend en détail et au comptant à la maison et au marché et à une clientèle diverse.
Tandis que les autres membres du groupe Tiessiri comptent réaliser un bénéfice moyen de 195 000CFA chacune au cours de ce cycle Mme Kadia compte réaliser 215 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnel 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
  • 52
    View loans »
    Mali Loans Fundraising
  • $10,437,500
    Funds lent in using Kiva
  • 492.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiessiri Group's $2,150 loan helped a member to purchase food for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014