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Bitossessi Group
In this Group: Florence , Idesse Henriette, Laly Houegnide, Rosine
The group BITOSSESSI is composed of four persons who are friends living in the same village. The group's representative, Florence, is the one in the photo with her hand raised. She is 34 years old and lives in Benin. She is married to a mason named Gildas. The couple have six children, some in school but all in their care. Florence lives together with her husband and children and, along with her husband, ensures that the household expenses are covered.

Florence did not attend school but learned how to style hair. She has been doing this work in her home for twelve years. Parallel to this business, she sells hair extensions and hair products. She gets her supplies from her region.

Seeking to satisfy her customers and to increase her sales and revenues, Florence is requesting, along with the other members of the group BITOSSESSI, a third loan from ALIDé. The previous loans were indeed paid back.
View original language description ↓
Le groupe BITOSSESSI est composé de quatre personnes qui sont des amies résidant dans le même quartier. La représentante du groupe, du nom de Florence est celle qui a la main levée sur la photo. Florence est âgée de 34 ans et vit au Bénin. Florence est mariée à un maçon du nom de Gildas. Le couple a six enfants dont certains scolarisés et tous à leur charge. Florence vit ensemble avec son mari et ses enfants et assure ensemble avec son mari les charges de la maison. Florence n'a pas fréquenté l'école, mais a appris la coiffure, activité qu'elle exerce à son domicile depuis douze ans. Parallèlement à cette activité, Florence vend des mèches et des produits de cheveux. Florence s’approvisionne dans sa région. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Florence sollicite ensemble avec les autres membres du groupe BITOSSESSI, un troisième crédit auprès de ALIDé. Les crédits antérieurs ont été bien remboursés.

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
  • 529.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bitossessi Group's $525 loan helped a member to buy hair extensions and hair products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jul 16, 2012
Aug 11, 2012
Currency Exchange Loss:
May 19, 2013