Question 1

What is Kès Popilè Dezam?

Accepted Answer

Kès Popilè Dezam (also written as Kès Popilè Désarmes or KPD) is a Haitian credit union (caisse populaire) operating as a savings and credit cooperative in Haiti. The institution serves as a member-owned financial cooperative providing banking services to its community in the Artibonite department.

Kès Popilè Dezam operates under Haitian legislation governing caisses populaires and is supervised by the Banque de la République d'Haïti (BRH), Haiti's central bank. The institution is recognized as an authorized caisse populaire by the BRH.

Question 2

When was Kès Popilè Dezam founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Kès Popilè Dezam headquartered?

Accepted Answer

Kès Popilè Dezam is headquartered in Désarmes (also spelled Dezam), located in the Artibonite department of Haiti. The institution serves this community as a locally-based financial cooperative. The caisse does not maintain a public website.

Question 4

Where does Kès Popilè Dezam operate?

Accepted Answer

Kès Popilè Dezam operates primarily in the Désarmes area of the Artibonite department in Haiti. According to Le Levier federation records, the institution maintains one service point in Désarmes.

As a community-based credit union, Kès Popilè Dezam focuses on serving members within its geographic area. The Artibonite department is Haiti's largest department by area and is known as an important agricultural region.

Question 5

What services does Kès Popilè Dezam offer?

Accepted Answer

As a Haitian caisse populaire, Kès Popilè Dezam provides financial services typical of credit unions in Haiti:

Savings Products: Various deposit accounts allowing members to save securely, including demand deposits (savings at sight) and term deposits. Members build their savings as the foundation of their relationship with the cooperative.

Credit Products: Loans to members for commercial activities, agriculture, education, housing, and personal needs. Haitian credit unions typically require members to demonstrate a savings culture before accessing credit.

Cooperative Membership: As member-owners, individuals participate in the governance of the institution through general assemblies and elected committees including the Board of Directors, Credit Committee, and Supervisory Committee.

Community Services: The caisse contributes to local economic development by keeping financial resources within the community and supporting member enterprises.

Question 6

What makes Kès Popilè Dezam unique?

Accepted Answer

Kès Popilè Dezam embodies the distinctive characteristics of Haiti's credit union movement:

Cooperative Identity: The motto "S'unir pour s'épanouir" (Unite to flourish) reflects the cooperative principle that members achieve more together than individually.

Local Economic Development: By serving the Désarmes community in the Artibonite agricultural region, the caisse supports local economic activity and keeps capital circulating within the community.

Democratic Governance: Members exercise democratic control through voting rights and participation in governance structures, distinguishing the cooperative model from investor-owned banks.

Financial Inclusion: The caisse extends financial services to populations that may lack access to commercial banks, particularly in rural areas where traditional banking infrastructure is limited.

Mutual Assistance: Following cooperative principles, members support one another through their collective ownership and shared economic interests.

Question 7

What type of financial institution is Kès Popilè Dezam?

Accepted Answer

Kès Popilè Dezam is a caisse populaire, which is the Haitian French term for a credit union or people's savings and credit cooperative. Caisses populaires are member-owned financial institutions operating under Haiti's cooperative legislation.

These institutions are regulated by the Banque de la République d'Haïti (BRH) and must comply with prudential norms for caisses populaires. As authorized institutions, they are permitted to accept deposits from members and provide credit services.

The cooperative structure means that members are simultaneously owners, governors, and users of the institution. Profits generated are returned to members through improved services, competitive rates, or dividends, rather than distributed to external shareholders. This structure aligns the institution's interests directly with member welfare and community development.

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About Kès Popilè Dezam in Haiti