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Sohoueto De Womey 2 Group
In this Group: Léontine Afiavi, Albertine, Antoinette Lydie, Rosaline, M. Marie, Emilie, Augustine, Odile, Mètowouin, Pélagie Sètongnon, Octavie Honorine Ablawa, Abikou Jeanne, Sylvie, Florence, Kai Reine, Marguérite, Sandrine Yétonyéwa, Cathérine
SOHOUETO DE WOMEY 2 Group is made up of eighteen persons, who all live in the same neighborhood in Benin. They were all members of a previous group.

The group's representative, named Antoinette Lydie, is the one raising her hand in the photograph. She's 40 years old and married to a welder named Philippe.

The couple has four school-attending children they still have to support. The children live together with their parents. Antoinette Lydie didn't attend school much.

To provide for herself and her children, she sells shoes. Besides, for about two years, she's been preparing food (steam-cooked rice pasta) and selling it in Benin.

Antoinette Lydie gets her rice supplies from one of Benin's markets. Eager to satisfy her customers and increase her revenue and income, she's seeking her first loan, together with the other members of the group.
View original language description ↓
Le groupement SOHOUETO DE WOMEY 2 est composé de dix huit personnes qui sont toute membre d'un ancien groupement et habitent dans le même quartier au Bénin. La représentante du groupement, du nom de Antoinette Lydie est celle qui à la main levée sur la photo. Antoinette Lydie est âgée de 40 ans et est mariée à un soudeur du nom de Philippe. Le couple à quatre enfants tous scolarisés et encore à leur charge. Les enfants vivent ensemble avec leurs parents. Antoinette Lydie a très peu fréquenté l’école. Pour subvenir à ses besoins et à ceux de ses enfants, Antoinette Lydie mène comme activité la vente des chaussures. A côté de cette activité, Antoinette Lydie prépare de la nourriture( pâte de riz préparée à vapeur)qu'elle vend au Bénin.Antoinette Lydie mène cette activité il y a deux ans environ. Antoinette Lydie s’approvisionne en chaussure et en riz dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Antoinette Lydie sollicite, ensemble avec les autres membres du groupe SOHOUETO DE WOMEY 2,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
  • 481.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sohoueto De Womey 2 Group's $2,500 loan helped a member to buy shoes and rice.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012