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Ayidote Group
In this Group: Bofè Rose, Tété Claire, Florentine, Eugenie, Blandine Senoumatin
AYIDOTE is a group composed of five persons whose members live in the same district in Benin. The group's representative is Bofè Rose (with her hand raised in the photo). She is 43 years old and married to a man named Isaac. They have three children, all in school. Bofè Rose and her husband live together with their three children and jointly ensure that their different expenses are covered.

Bofè Rose dropped out of middle school. For fifteen years, she has been running a business selling yoghurt and fruit juices out of her home. This business generates the revenues helping her to do her part in meeting family expenses. She gets her supplies in Benin.

With the goal of improving her level of business by strengthening it, as well as satisfying customer demand, Bofè Rose and the other members of the group AYIDOTE would like to obtain a second loan.
View original language description ↓
AYIDOTE est un groupe de cinq personnes, dont les membres habitent dans le même quartier au Bénin. La représentante du groupe Bofè Rose (qui a la main levée sur la photo) est âgée de 43 ans. Bofè Rose est mariée à un certain Isaac. Le couple a trois enfants, tous scolarisés. Bofè Rose et son mari vivent ensemble avec leurs trois enfants et assurent ensemble leurs différentes charges. Bofè Rose a arrêté l'école au cours secondaire. Il y a une quinzaine d'année que Bofè Rose mène comme activité la vente de yaourt et des jus de fruits à son domicile. Cette activité lui génère des revenus l'aidant ainsi à contribuer aux charges familiales. Bofè Rose s'approvisionne au Bénin. Dans le but d'améliorer le niveau de son activité en la renforçant, et de satisfaire la demande de sa clientèle, Bofè Rose désire obtenir un deuxième financement, ensemble avec les autres membres du groupe AYIDOTE.

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 Ayidote Group's $1,550 loan helped a member to buy hibiscus leaves, syrups, and sugar.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012