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Ave Maria Group
In this Group: Pauline Kossiwa, Lydie, Bernadette Akouavi
The group AVE MARIA comprises three persons who live in the same district. The group's representative, Pauline Kossiwa, is the one in the photo with her hand raised. She is 36 years old and lives in Benin. She is married to a man name Benoît. They have three children, all in school and in their care.

To ensure the diverse family expenses are covered, Pauline Kossiwa has been selling firewood, charcoal, and kerosene out of her home for five years. She gets her supplies from a city in Benin.

Seeking to satisfy her customers and to increase her sales and her revenues, Pauline Kossiwa, along with the other members of the group AVE MARIA, is requesting a second loan from ALIDé.
View original language description ↓
Le groupe AVE MARIA est composé de trois personnes qui résident dans le même quartier. La représentante du groupe, du nom de Pauline Kossiwa est celle qui a la main levée sur la photo. Pauline Kossiwa est âgée de 36 ans et vit au Bénin. Pauline Kossiwa est mariée à un certain Benoît. Le couple a trois enfants tous scolarisés et à leur charge. Afin d'assurer les diverses charges de la famille, Pauline Kossiwa vend depuis cinq ans, des bois de chauffage, du charbon de bois et du pétroleà son domicile. Pauline Kossiwa s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Pauline Kossiwa sollicite ensemble avec les autres membres du groupe AVE MARIA, un deuxième crédit auprès de ALIDé.

Additional Information

About Alidé

Alidé is a Beninese NGO that works to reduce poverty by offering sustainable access to productive loans like this one in addition to savings, training sessions, and social work to low-income families.

Supporters of this loan should be aware that there is some risk of being repaid late. Because the Beninois Ministry of Finance has imposed restrictions on the amount of money Alidé can send to Kiva, the organization can only send monthly repayments in installments smaller than $13,000. This means that some Kiva lenders may receive their repayments late. However, Alidé remains a healthy institution in good standing with its creditors, and Kiva would like to continue working to support its clients. For more information, please refer to Alidé's partner profile page.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 519.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ave Maria Group's $475 loan helped a member to buy sacks of charcoal and some firewood.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013