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Kou-Masse Group
In this Group: Elise , Emilienne, Tété Félicienne
The KOU-MASSE group is made up of three people who live in the same neighborhood.

Elise (the woman raising her hand in the photo) is the group's representative. This is the first time that the group is seeking the financial support of ALIDé, in order to expand their business. Elise is married to a welder named Guillaume. The couple has four children, and they both provide for the various household needs. Elise lives with her husband and children. She did not receive schooling.

Elise is an itinerant vendor and has been selling porridge and flour for about ten years now. She stocks up at a market in Benin. Since the demand from her customers is growing and seeing that their resources are limited, Elise, along with the other members of the KOU-MASSE group, is seeking a first loan from ALIDé.
View original language description ↓
Le groupe KOU-MASSE est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Elise est celle dont la main est levée sur la photo. C’est la première fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Elise est mariée à un soudeur du nom de Guillaume. Le couple a quatre enfants et assure ensemble les divers besoins de la maison. Elise vit ensemble avec son mari et ses enfants. Elise n’a pas fréquenté l'école. Il y a dix ans environs que Elise mène comme activité la vente de bouillie accompagnée de bateau de blé de de façon ambulante. Elise s’approvisionne dans un marché du Bénin. La demande de sa clientèle devient de plus en plus grande et compte tenu de leurs ressources limitées, Elise et les autres membres du groupe KOU-MASSE sollicitent ensemble un premier 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 519.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kou-Masse Group's $275 loan helped a member to buy wheat flour, sugar, and hibiscus flower.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013