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Houête Ayidekon Group
In this Group: Odette, Felicite Zinhoué, Euphrasie, Brigitte, Pauline, Cécile, Louise, Marcelline, Geneviève, Abla, Blandine, Théodora, Edwige, Tohossi, Irène, Pauline, Séraphine, Sadiath, Evelyne, Béatrice, Cécile, Assiavi, Colette, Bernadette, Ginette, Sidikatou, Marie, Hirtance, Lahama
The Houête Ayidekon group consists of 29 women, who all live in the same neighborhood and have agreed to support each other in their businesses and loan repayments. This is their first loan with ALIDE as a group.

Odette (with her hand raised in the picture) is 51 years old, and has lived in Calavi all her life. She is married with six children. For 15 years she has run a stall from her home selling food supplies, and with this loan she hopes to restock her maize and spices. Her ambition is to grow her product line, and she cites her management skills as her greatest strength.

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
  • 465.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Houête Ayidekon Group's $4,275 loan helped a member purchasing spices and maize.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011