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Demandovo Ste Rita Group
In this Group: Victoire Ablawa, Yélian Honorine, Nathalie Viviane
The DEMANDOVO STE RITA group consists of three people who live in the same geographic area in Benin. This is the group’s fourth time seeking financial assistance from ALIDé to bolster their activities.

Victoire Ablawa, the group’s representative, has her hand raised in the photo. She was born in a city of Benin in September 1964. Victoire has three children, all of whom have received formal schooling. Two of the children are still in her care. Victoire herself quit school at the secondary level.

For the past four years, Victoire has been preparing and selling food (a dish of rice & bean, some bread) around her neighborhood in order to support herself and provide for her children. She also sells mobile phone recharge cards as an additional source of income. She gets her supplies in a city of Benin.

In an effort to meet the needs of her customers and increase her revenue, Victoire is seeking this new loan together with the other members of the DEMANDOVO STE RITA group.
Le groupe DEMANDOVO STE RITA est composé de trois personnes qui résident dans la même zone géographique au Bénin. C'est la quatrième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupe, du nom de Victoire Ablawa est celle qui a la main levée sur la photo. Victoire Ablawa est née en septembre 1964 dans une ville du Bénin. Victoire Ablawa a trois enfants, tous scolarisés, dont deux sont à sa charge. Victoire Ablawa a arrêté l'école au cours secondaire. Depuis quatre ans, afin de subvenir à ses besoins et de mieux assurer les différentes charges de ses enfants, Victoire Ablawa prépare de la nourriture (riz mélangé avec du haricot, du pain), qu'elle vend dans son quartier. Parallèlement, Victoire Ablawa vend des cartes de recharges téléphoniques, ce qui lui permet d'avoir plusieurs sources de revenus. Victoire Ablawa s'approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son revenu, Victoire Ablawa sollicite un autre crédit, ensemble avec les autres membres du groupe DEMANDOVO STE RITA.

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
  • 448.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Demandovo Ste Rita Group's $850 loan helped a member to buy rice, beans, vegetable oil, and sauce condiments.
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 17, 2012