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Teriya Group
In this Group: Sali , Djeneba , Ami , Alima , Aminata , Fatoumata , Maimouna, Marian, Oumou
The women of the TERIYA Group have an average age of 28 and an average of two children each. They all live in traditional families in KIMPARANA/SEGOU, which is the fourth-largest administrative region in the Republic of Mali.

The women know each other because they are related and are neighbors. They work buying and selling a variety of products. The women of the TERIYA Group are on their first group loan.

SALI is the woman standing in the middle of the photo. She plans to use this loan to buy 250 pairs of plastic shoes and 25 pairs of leather shoes. She buys her supplies in the area where she lives. She sells to both men and women, in cash and also often on credit. She expects to make an average monthly profit of 15,000 XOF, which will be used for health, clothing, housing and school expenses. She will reinvest the rest in her business.
View original language description ↓
Les femmes du groupe TERIYA ont en moyenne 28 ans, 2 enfants et vivent toutes dans des familles traditionnelles élargies à KIMPARANA/SEGOU (la quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté, voisinage et font les activités d’achat et de vente des produits divers. Les femmes du groupe TERIYA sont à leur 1er prêt solidaire. SALI, femme debout au milieu sur la photo ; compte utiliser son prêt pour acheter 250 paires de chaussures en plastique, 25 paires de chaussures cuir. Elle s’approvisionne sur place. 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 15.000FCFA qui sera utilisé dans les dépenses relatives à la santé, à l’habillement, au logement, 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.

About Mali

  • $1,200
    Average annual income
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 481.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Teriya Group's $950 loan helped a member to buy shoes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2014
Listed
Feb 14, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014