A loan of $925 helped a member to buy cloth.


Tiessiri Group's story

The Tièssiri group is composed of six married women averaging 44 years of age, with five children. They live in traditional expanded family in the Hérémakono Nord district of the town of Bougouni. They know each other as neighbors and friends as well as through their work. In order to strengthen their financial capacity and better manage their business, they have joined the Soro Yiriwaso microfinance institution and are now on their third loan. The prior loans have been duly repaid. This group sells cloth, which is what Oumou does, for example. Oumou is the second one seated from the left. She buys and resells cloth and plans to use her loan to buy 20 sets of traditional “pagnes: cloth of the Univax brand from the Bamanko wholesaler. She sells at the market and out of her home, for cash and on credit, to a customer base composed mainly of women. She plans to achieve an average monthly profit of 30,000 West African francs, which will be used to invest in her business and pay off the loan.

In this group: Oumou , Alima , Chata , Sali , Diatou , Yaye
*not pictured

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Translated from French by Kiva volunteer Ekaterina Sukhanova



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Loan details