A loan of $1,025 helped a member to purchase rice.

Tièssiri Group's story

The group Tièssiri is composed of ten women who are for the most part married in monogamous families. The women average 38 years of age and four children each. They all live in the village of Djoni, in Région de Ségou (4th administrative region of the Republic of Mali). And they know one another through ties of community and kinship. They have small-scale businesses involving rice, wheat flour, sugar, and fish.

With the goal of consolidating their small businesses, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their first solidarity loan cycle.

Ms. Fanta (the first woman standing from the left in the photo) is a major seller of rice of all kinds. She intends to use her loan to purchase 160 kg of rice. Sales are made in cash or on credit by going door to door in the village of Djoni. Her customer base is composed of men and women.

Ms. Fanta plans on making an average monthly profit of 22,000 francs CFA that will be used to reinvest in the business and to ensure the children are cared for. Her goal is to make her business sustainable in this Soro Yiriwaso partnership.

In this group: Fanta , Malado , Sitan Sitapha , Fatoumata , Adiaratou , Seli , Haby , Tinè , Sitan , Maimouna

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Translated from French by Kiva volunteer Daniel Kuey

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