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Alokplegbe Group
In this Group: Agathe, Blandine, Sikira
The group ALOKPLEGBE is comprised of three persons who belong to the same women's association. The representative of this group is named Agathe, who has her hand raised in the photo. This is the third time that this group has requested financial support from ALIDé with the aim of elevating their level of business.

Agathe is married to a shipping agent by the name Bonaventure. They have two children who are both in school. Agathe and her husband live together with their two children. The couple jointly ensures that the various family expenses are covered.

For nearly nine years, Agathe has been running a business selling cloth and hair extensions through the distribution system. Concurrent to this business, she sells nail polish. She gets her supplies from a city in Benin.

With the goal of bolstering her business and responding better to customer demand, Agathe and the other members of the group ALOKPLEGBE would like to obtain another loan.
View original language description ↓
Le groupe ALOKPLEGBE est formé de trois personnes qui appartiennent à une même association de femmes. La représentante de ce groupe, nommée Agathe, est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité.
Agathe est mariée à un transitaire du nom de Bonaventure. Le couple a deux enfants, tous scolarisés. Agathe et son mari vivent ensemble avec leurs deux enfants. Le couple assure ensemble les diverses charges familiales. Il y a près de neuf ans que Agathe mène comme activité la vente de tissus et de mèches par le système de distribution. Parallèlement à cette activité, Agathe vend des vernis. Agathe s'approvisionne dans une ville du Bénin. Dans le but de renforcer son activité et de mieux répondre à la demande de sa clientèle, Agathe désire obtenir un autre financement, ensemble avec les autres membres du groupe ALOKPLEGBE.

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
  • 455.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Alokplegbe Group's $975 loan helped a member to buy cloth, hair extensions, and nail polish.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012