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Ayidekon Houeto 2 Group
In this Group: Modukpè Alice, Assiba Yvette, Alougba Angèle, Philomène, Aline Baï, Philomène, Mireille Ablawa, Victorine, Véronique, Sylvie, Bouki Natacha, Sabine, Marie Virginie, Houéfa
AYIDEKON HOUETO 2 is a group composed on 14 women. The President of the group (the woman with her finger raised in the photograph) is Aline. The members of the group are all from the same neighborhood within the city of Abomey Calavi. With the goal to increase their working capital, the group is requesting a loan from Alidé for the first time.

Born on October 20, 1973 in Cotonou, the economic capital of Bénin, Aline has lived for eight years in Abomey Calavi. Aline is married to an office worked named Eugène and has three children who are in school. Aline is responsible along with her husband for all the expenses of the household. She dropped out of high-school and then studied sewing, which she has continued for 14 years and enables her to help with the family expenses. Aline also sells a variety of dry goods from her workshop. She buys her products in Dantokpa, an international market in Bénin. This first loan will certainly enable Aline and the group to increase their business, and grow their clientele and revenues.
View original language description ↓
AYIDEKON HOUETO 2 est un groupement constitué de quatorze personnes et dont la présidente (celle qui a le doigt levé sur la photo) est nommée Aline. Les membres du groupe vivent ensemble dans le même quartier à Houêto dans la commune d'Abomey Calavi. Dans le but d’augmenter leur fonds de roulement, ce groupe sollicite pour la première fois, un crédit auprès de ALIDé.
Née le 20 Octobre 1973 à Cotonou, capitale économique du Bénin, Aline vit depuis huit ans à Abomey Calavi. Aline est mariée à un employé de bureau du nom de Eugène et a trois enfants, tous scolarisés. Aline assure ensemble avec son mari les différentes charges de la maison. Aline a arrêté l'école au cours secondaire et a appris ensuite la couture, une activité qu'elle mène depuis quatorze ans et qui lui permet de contribuer aux dépenses familiales. Aline vend également divers articles de mercerie dans son atelier. Aline achète ses produits à Dantokpa, marché international du Bénin. Ce premier prêt permettra certainement à Aline et à son groupe de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.

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

Success!! The loan was 100% repaid

A portion of Ayidekon Houeto 2 Group's $2,150 loan helped a member to purchase fabric and dry goods.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Apr 19, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011