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Moussiliatou's Group
In this Group: Moussiliatou, Samiatou Ayannikè
This is a group comprised of two members who are mutual guarantors. Moussiliatou is in charge of the group. She is 31, is married, and has three children - one of whom goes to school. The eldest is 5 and the twins are 2 years old.

For three years, she's had a boutique where she sells hair extensions, beauty products, and scarves. She buys her supplies in a market in Benin and from outside the country.

In order to reinforce her working capital and to respond to client demands, she is asking for the financial help of Finadev. This funding will allow her to maximize her profit and to contribute to her children's schooling.

Moussiliatou is pictured at left.
View original language description ↓
Il s'agit d'un groupe composé de deux membres en caution solidaire. Moussiliatou, la responsable, âgée de 31 ans, est mariée et mère de trois dont un est scolarisé. L'aîné a 05 ans et les deux jumeaux ont 02 ans. Elle a une boutique où elle vend des mèches, des produits de beauté et des foulards depuis trois ans. Elle s'approvisionne dans l'un des marchés du Bénin et de l'extérieur. En vue de renforcer son fonds de roulement et de répondre favorablement à la demande de sa clientèle, elle a fait recours au financement de Finadev. Ce financement lui permettra de maximiser son profit et de contribuer à la scolarisation de ses enfants. Moussiliatou se retrouve à gauche dans la photo.

Additional Information

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 531.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Moussiliatou's Group's $950 loan helped a member to buy 2 boxes of hair extensions, 2 boxes of hair products, and 3 dozen scarves.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 29, 2013