Check out other loans that are currently fundraising!
Oklunon We Lingbohoto Che Group
In this Group: Reine, Bernadette, Adjala
The group OKLUNON WE LINGBOHOTO CHE is composed of three persons who are sisters who have complementary businesses. This is the first time that this group has requested financial aid from ALIDé in order to boost their businesses. The group's representative, by the name of Reine, is the one with her hand raised in the photo. She is 32 years old and lives in Benin. She is married to an electrician by the name of Florien. They have three children, who are all in school and in their care. Reine lives with together with her husband and children.

To support herself and her children, Reine sells kerosene and hair extensions. She gets her supplies from Nigeria, a country neighboring Benin.

Seeking to satisfy her customers and wanting to increase her sales and her revenues, Reine and the other members of the group OKLUNON WE LINGBOHOTO CHE are requesting an initial loan.
View original language description ↓
Le groupe OKLUNON WE LINGBOHOTO CHE est composé de trois personnes qui sont des soeurs, et qui mènent des activités complémentaires. C'est la première 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 Reine est celle qui a la main levée sur la photo. Reine est âgée de 32 ans et vit au Bénin. Reine est mariée à un électronicien du nom de Florien. Le couple à trois enfants,tous scolarisés, et à leur charge. Reine vit ensemble avec son mari et ses enfants. Afin de subvenir à ses besoins et à ceux de ses enfants, Reine vend du pétrole et des mèches. Reine s’approvisionne au Nigéria Etat voisin du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Reine sollicite ensemble avec les autres membres du groupe OKLUNON WE LINGBOHOTO CHE, un premier 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 455.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Oklunon We Lingbohoto Che Group's $475 loan helped a member to buy kerosene and hair extensions.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012