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Alleluia Group
In this Group: Akouavi Blandine, Sotou Elisabeth
The Alleluia group is composed of two persons who are friends.The representative of the group, named Akouavi Blandine, is the one whose hand is raised in the photo. It is the second time that this group is seeking financial support from ALIDé to raise the level of their activity.

Akouavi Blandine is 29 years old and married to a reseller named Raffic. The couple has four children all in school and all are their dependents. Blandine Akouavi lives with her husband and children. The couple provides together for all the different expenses of the household. Akouavi Blandine has not attended school.

For six years Akouavi Blandine’s activity has been the sale of fabric. This allows her to contribute without much difficulty to the needs of the family. In order to better meet the needs of her customers, Blandine Akouavi wants to strengthen the level of her activity. To do this, Blandine Akouavi requests, together with the other members of the Alleluia group, a second loan from ALIDé.
View original language description ↓
Le groupe ALLELUIA est formé de deux personnes qui sont des amies. La représentante de ce groupe, nommée Akouavi Blandine, 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. Akouavi Blandine est âgée de 29 ans et mariée à un revendeur du nom de Raffic. Le couple a quatre enfants tous scolarisés et à leur charge. Akouavi Blandine vit avec son mari et ses enfants. Le couple assure ensemble les différentes charges de la maison. Akouavi Blandine n'a pas fréquenté l’école. Depuis six ans, Akouavi Blandine exerce comme activité, la vente de tissus ; ce qui lui permet de contribuer sans grande difficulté aux besoins de la famille. Dans le souci de mieux répondre aux exigences de sa clientèle, Akouavi Blandine désire renforcer le niveau de son activité. Pour ce faire, Akouavi Blandine sollicite, ensemble avec les autres membres du groupe ALLELUIA, un deuxième crédit auprès de ALIDé.

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
  • 475.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Alleluia Group's $275 loan helped a member purchase fabric.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012