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

Tiessiri Group's story

The Tiessiri group is made up of six women, the majority of whom are married and monogamous. They average 35 years of age and have an average of three children each. They all live in the town of Ségou (Mali's fourth administrative region) and got to know each other through neighbors and relatives. They have small businesses selling utensils and ice-boxes.

With a view to consolidating their small businesses, the group members decided to join Soro Yiriwaso and are on their first group loan clycle.

Marietou (standing second from the right in the photo) is a significant seller of all sorts of utensils. She is planning to use her loan to buy a dozen cups and ice-boxes at an affordable price from her supplier in Bobo-Dioulasso. She resells for cash and on credit in the town of Ségou to a customer base made up of men and women. Marietou expects to make an average monthly profit of 17,000 FCFA, which will be invested in her business. Her aim is to keep her business going in the long term in partnership with Soro Yiriwaso.

In this group: Awa*, Mariam, Marietou, Fatoumata, Mariam, Oumou
*not pictured

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details