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L'eternel Est Mon Berger-Vedoko Group
In this Group: Philomène , Christine, A. Mabel*, Thérèse Dogbo, Micheline, Fifatin, A. Delphine, Micheline
* not pictured
This group, L'Eternel est mon berger-Vedoko (The Lord is my Shepherd) is composed of eight persons who live in the same neighborhood. This is the fifth time that this group is requesting ALIDé's financial support, in order to raise their activity level. The group's representative, named Philomène, is the woman raising her hand on the picture.
Philomène was born in Benin on February 29, 1968. She is married to a retailer named Yves. The couple has four children, who all go to school; two of them depend on them financially. Philomène lives together with her husband and children. In order to provide for herself and her children, Philomène sells fried yams, fried plantains and bean-based fritters in her neighborhood. As a secondary activity, she also sells spaghetti. Philomène gets her supplies from a city in Benin.
Seeking customer satisfaction and to increase her sales and profit, Philomène is requesting a fifth loan together with the other members of the group L'Eternel est mon berger-Vedoko.
View original language description ↓
Le groupe L'ETERNEL EST MON BERGER-VEDOKO est composé de huit personnes qui habitent dans le même quartier. C'est la cinquième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Philomène est celle qui a la main levée sur la photo. Philomène est née le 29 Février 1968 au Bénin. Philomène est mariée à un revendeur du nom de Yves. Le couple a quatre enfants, tous scolarisés, dont deux à leurs charges. Philomène vit ensemble avec son mari et ses enfants. Afin de subvenir à ses besoins et à ceux de ses enfants, Philomène vend de l'igname frit, des bananes frits et des beignets (faits à base de haricot) dans son quartier. De façon secondaire, Philomène vend des spaghettis. Philomène s'approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Philomène sollicite ensemble avec les autres membres du groupe L'ETERNEL EST MON BERGER-VEDOKO, un cinquième crédit.

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
  • 447.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of L'eternel Est Mon Berger-Vedoko Group's $2,550 loan helped a member to buy bags of yams, bananas, condiments, vegetable oil and charcoal.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
Jun 11, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012