Check out some available loans that are similar to this one!
Tiessiri Group
In this Group: Minata , Korotimi , Aminata , Ami Madou , Djeneba
The women of the TIESSIRI group are on average 42 years old, have two children, and all live in traditional expanded families in Yangasso in the BLA circle (fourth administrative region in the republic of Mali). These women met through family connections and sell diverse products. After having properly repaid previous loans, the women of the TIESSIRI group are on their 4th group loan. Aminata, the woman seated on the left, plans to buy dozens of pairs of plastic shoes for children. She sells her products to a clientele composed of women and men for cash and often on credit. She foresees making a monthly profit of 26,000 FCFA, which will be used for costs relating to health, food, clothing, and school dues, with the rest being reinvested in her business
View original language description ↓
Les femmes du groupe TIESSIRI ont en moyenne 42 ans, 2 enfants et vivent toutes dans des familles traditionnelles élargies à YANGASSO dans le cercle de BLA (quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente d’articles divers.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe TIESSIRI sont à leur 4 eme prêt solidaire.
AMINATA 1ere femme assise de la gauche vers la droite compte acheter des douzaines de paires de chaussures en plastiques pour enfants. Elle effectue ses ventes, à une clientèle composée de femmes et d’hommes en espèce et souvent à crédit.
Elle envisage réaliser un bénéfice moyen mensuel de 26 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, et l’habillement, aux frais scolaires et le reste sera réinvesti dans les activités.

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.

Tags

About Mali

  • $1,200
    Average annual income
  • 18
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 475.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiessiri Group's $800 loan helped a member to buy shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014