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Gnambossou-Gbeta 01 Group
In this Group: Véronique, Yénoukounmè*, Cécile, Mariano, Sabine, Pascaline, Pascaline, Louise Florese, Charlotte, Antoinette, Mathilde, Marie Thérèse, Bayi. Colette, Sévérine, Alice, Eulalie, Odette
* not pictured
GNAMBOSSOU-GBETA group is composed of 17 members who live in the same neighborhood. The group leader, Marie Thérèse, is raising her hand in the photograph. In order to bolster their businesses and better meet customer demand, the group is seeking a second loan from Kiva's partner, ALIDé.

Marie Thérèse is married to Paulin, and she has six children who all attend school. The couple takes care of the various family expenses together. About ten years ago, the couple moved in to Aïbatin, a neighborhood in Cotonou, the economic capital of Bénin.

Marie Thérèse never attended school. For ten years, she's been selling food products through the distribution system, in order to proviD. for herself and her family. She gets her supplies in Zè and Ikpinlè. In order to bolster her business and better meet customer demand, she's seeking a loan from ALIDé. Her ambition is to take her business to a higher level.
View original language description ↓
Le groupement GNAMBOSSOU-GBETA 01 est composé D. 17 membres qui vivent tous dans le même quartier. La présidente D. ce groupement, du nom D. Marie Thérèse, est celle ayant une main levée sur la photo. Dans le but D. rehausser le niveau D. leur activité afin D. mieux faire face à la demanD. D. leur clientèle, ce groupement sollicite pour une deuxième fois l'appui financier D. ALIDé.
Marie Thérèse est mariée à un certain Pauline et a six enfants, tous scolarisés. Le couple assure ensemble les diverses charges familiales. Il y a une dizaine d’année que Marie Thérèse et son mari se sont installés à Aïbatin, un quartier D. Cotonou, capitale économique du Bénin. Marie Thérèse n’est jamais allée à l’école. Pour subvenir à ses besoins et à ceux D. sa famille, Marie Thérèse mène comme activité depuis dix ans environs, la vente D. produits vivriers par le système D. distribution. C'est à Zè et à Ikpinlè que Marie Thérèse s'approvisionne. Dans le but D. renforcer son activité et D. mieux satisfaire sa clientèle, Marie Thérèse sollicite un crédit auprès D. ALIDé. Son ambition est d’amener son activité à un niveau plus élevé.

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
  • 461.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gnambossou-Gbeta 01 Group's $2,700 loan helped a member to buy food products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011