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Ayimevo 1 Group
In this Group: Christine , Azon H., Alice
The Ayimevo 1 group is made up of three people who live in the same neighborhood. The representative of this group, whose name is Christine, is the lady who has her hand raised in the photo. It is the third time that this group has requested financial aid from Alidé with a view to increasing their business volume.

Christine is 51 years old and a widow. She has two children who have both been to school but one remains in her care. She lives with her one dependant child. Christine did not go to school. In order to provide for her own needs and her child's, she has been selling rice in her neighborhood for the past ten years or so. With the aim of strengthening her activity and better responding to customer demand, Christine wants to increase her stock. In order to do this, she and the other members of the Ayimevo 1 group are requesting a third loan from Alidé. The first two loans have been repaid in full.
View original language description ↓
Le groupe AYIMEVO 1 est formé de trois personnes qui habitent dans le même quartier. La représentante de ce groupe, nommée Christine, 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. Christine est âgée de 51 ans et est une veuve. Christine a deux enfants qui sont tous scolarisés, mais un reste encore à sa charge. Christine vit seule avec son enfant à charge. Christine n'a pas fréquenté l'école. Pour faire face à ses besoins et subvenir aux besoins de son enfant, Christine mène une activité de vente de maïs dans son quartier, depuis une dizaine d'année. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Christine désire augmenter le stock de ses produits. Pour ce faire, Christine sollicite ensemble avec les autres membres du groupe AYIMEVO 1, un troisième crédit auprès de ALIDé. Les deux premiers crédits ont été bien remboursés.

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
  • 471.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayimevo 1 Group's $650 loan helped a member to buy sacks of corn.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012