A loan of $1,825 helped a member to buy raw materials to prepare local drinks and food dishes, and to sell plastic utensils and fruit.

Tiessiri. Group's story

The Tiessiri group is composed of two widows and four married women who live in large extended families in the Hamdallaye area of Ségou (4th administrative region of Mali). The women of the Tiessiri group are on average 40 years old, have 4 children, and know each other through familial and marriage connections. They run a variety of diverse businesses.
After obtaining 6 solidarity (group) loans, all repaid properly, they are seeking their 7th group loan.
They intend to use this loan to buy plastic utensils, 1 dozen tubs, 2 dozen buckets, 6 dozen bowls, 2 dozen trays, 2 dozen cups, 400 kg of bananas, 4 bags of rice (to be prepared and sold as part of food dishes), 2 baskets of condiments, 4 bags of sugar, 2 bags of ginger, 1 bag of hibiscus blossoms, 2 cartons of powdered milk for yogurt, 2 packets of plastic bags, and two boxes of essences. They supply themselves with utensils in Bobo Dioulasso (Burkina Faso), with rice at the market in Ségou, and the other goods at the grand market in Bamako (the capital of Mali). They sell their goods in cash and on credit to a clientele composed of men and women at home, on the road, at the chateau marketplace in Ségou, and at the weekly market-days in Katiéna, Yolo, and Konodimini. They foresee realizing an average monthly profit of 62,000 FCFA, which will be used to repay the loan, provide for traditional social events (marriages, baptisms, and funerals), and help their spouses in taking care of certain family expenses.
Their goal is to have a house to live in.

In this group: Fatoumata , Mariam Abou , Oumou , Bintou , Sali , Sétou
*not pictured

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details