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Somasse-Glotomey Group
In this Group: Aimée, Chantal, Cathérine, Pierrette, Brigitte, Léocadie, Patricia, Afiavi, Christine, Clarisse, Erodia Hélène, Léontine, Victoire, Adèle
SOMASSE-GLOTOMEY is a group composed of 14 people who all live in the same district and all work at income-generating activities. This is the first time that the group has asked for a loan from ALIDé in order to raise the level of their activities and better respond to the needs of their clientele. The representative of the group, Aimée, is the one who is raising her hand in the photo.

Aimée is 32 and married to a carpenter named Paul. The couple have three children, all still in their care. Only some of the children are enrolled in school. The couple share in supporting the family.

Aimée did not attend school. In order to support herself and contribute to the family income, Aimée has been selling spices and various other products from her region for about 15 years. She buys her merchandise in Bénin. Aimée and the other members of her group called SOMASSE-GLOTOMEY are requesting a loan from ALIDé to improve their businesses.
View original language description ↓
SOMASSE-GLOTOMEY est un groupement composé de quatorze personnes qui vivent toutes dans le même quarter et mènent toutes des activités génératrices de revenus. C’est la première fois que ce groupement sollicite un crédit auprès de ALIDé, afin d’élever le niveau de leur activité et de mieux répondre aux exigences de leur clientèle. La représentante du groupe du nom de Aimée est celle qui a la main levée sur la photo. Aimée est âgée de 32 ans et est mariée à un menuisier du nom de Paul. Le couple a trois enfants, tous à leur charge. Seulement certains des enfants sont scolarisés. Le couple se partage ensemble les diverses charges de la famille. Aimée n’a pas fréquenté l’école. Pour subvenir à ses différents besoins et contribuer aux charges familiales, Aimée vend depuis une quinzaine d’année des épices et des produits divers dans sa région. Aimée s’approvisionne au Bénin. C’est la première fois que Aimée et les autres membres du groupement SOMASSE-GLOTOMEY sollicitent un crédit auprès de ALIDé, crédit qui leur servira à rehausser leur activité.

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
  • 477.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Somasse-Glotomey Group's $1,125 loan helped a member to buy spices and various products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012