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Afeped (Missebo 2) Group
In this Group: Blandine Léonie, Bernadette
The group AFEPED (MISSEBO 2) is composed of two persons who live in the same district. The group's representative, named Blandine Léonie, is the one in the photo with her hand raised. This is the second time this group has requested financial aid from ALIDé with the aim of boosting their business. Blandine Léonie is 59 years old and a widow. She has four children. Two of the children still remain in her care, and certain ones are in school. She lives alone with the children she supports.

Blandine Léonie has attended middle school. To cope with her needs and those of her children, she has been making and selling food (rice) at a school in her area for about thirty years. Along with this work, she sells supplies for making yoghurt and bissaps (for example, beverages made from hibiscus flowers).

Concerned about bolstering her business further and responding better to the requirements of her customers, she would like to expand. To do so, she and the other member of the group AFEPED (MISSEBO 2) are requesting a second loan from ALIDé. The first loan has indeed been repaid.
View original language description ↓
Le groupe AFEPED (MISSEBO 2)est formé de deux personnes qui habitent dans le même quartier. La représentante de ce groupe, nommée Blandine Léonie, est celle dont la main est levée sur la photo. C’est la deuxième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Blandine Léonie est âgée de 59 ans et est une veuve. Blandine Léonie a quatre enfants, mais deux restent encore à sa charge. Parmi les enfants, certains sont scolarisés. Blandine Léonie vit seule avec ses enfants à charge. Blandine Léonie a fréquenté l'école jusqu'au secondaire. Pour faire face à ses besoins et subvenir aux besoins de ses enfants, Blandine Léonie prépare et vend de la nourriture (riz) dans une école de son quartier, depuis une trentaine d'année. Parallèlement à cette activité, Blandine Léonie vend des accessoires pour yaourt et bissaps. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Blandine Léonie désire élargir son activité. Pour ce faire, Blandine Léonie sollicite ensemble avec les autres membres du groupe AFEPED (MISSEBO 2), un deuxième crédit auprès de ALIDé. Le premier crédit a été bien remboursé.

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
  • 471.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Afeped (Missebo 2) Group's $300 loan helped a member to buy sauce condiments, rice and supplies for making yoghurt and refreshments.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012