A loan of $600 helped a member to buy fabric.

Tiessiri Group's story

The Tiessiri group is made up of 4 woman, who are all married and who, on average, are 30 years old and have 5 children. They live in nuclear families in the Massablacoura neighborhood in the town of Bougouni. They know each other from neighborhood, friendship, and business ties. To increase their financial capacity in order to better conduct their businesses, they joined the microfinance institution Soro Yiriwaso. This is now their fourth loan. All of their previous loans have been repaid.

This group of women deals in clothes and in condiments. Mama, who is the president of the group, is the first woman in the photo on the right. She buys and sells clothes. With this loan, she hopes to buy 150 meters of fabric for her knitwear and spools of thread from wholesalers in Bougouni.

She sells her knitted goods at a market and from home, accepting cash and credit from customers who are mostly women. She hopes to make an average monthly profit of 30,000 francs CFA, which she will use to invest in the [group's] businesses and to repay the loan.

In this group: Mama, Alima, Salimata, Waraba

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Translated from French by Kiva volunteer Lindsay Ferrara

Loan details

Lenders and lending teams

Loan details