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Yeyimin Group
In this Group: Damienne, A.pauline, C.louise
The Yeyimin group is composed of 3 people who all live in the same district of Benin. They are requesting a loan from ALIDé so that they can invest in their businesses and raise their level of activity.

The group's representative, Damienne, is the woman in the picture with her hand raised. Damienne is 43 and is married to Abdoulaye. The couple live together with their 3 children, all of whom go to school, and they both share the household expenses. Damienne left school during her secondary education. For the past decade, she has been selling cheeses, manioc flour, corn and rice - the resulting income has allowed her to contribute to her family's needs without much difficulty.

Damienne would like to restock on goods and develop her business activities so that she can better respond to customer demand. It is for this reason that she and the Yeyimin group are requesting their third loan from ALIDé, having already fully repaid their first two loans.
Le groupe YEYIMIN est formé de trois personnes qui résident dans le même quartier au Bénin. La représentante de ce groupe, nommée Damienne, 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. Damienne est âgée de 43 ans et est mariée à un certain Abdoulaye. Le couple a trois enfants, tous scolarisés et à leur charge. Damienne vit ensemble avec son mari et enfants. Le couple assure ensemble les différentes charges de la maison. Damienne a arrêté l’école au niveau secondaire. Depuis une dizaine d’années, Damienne vend des fromages, de la farine de manioc, du maïs et du riz. Ce qui lui permet de contribuer sans grande difficulté aux besoins de sa famille. Dans le souci de mieux répondre aux exigences de sa clientèle, Damienne désire renforcer ses stocks de produits et rehausser le niveau de son activité. Pour ce faire, Damienne sollicite, ensemble avec les autres membres du groupe YEYIMIN, un troisième crédit auprès de ALIDé. Les deux premiers prêts 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
  • 481.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Yeyimin Group's $625 loan helped a member to restock on cheeses and bags of manioc flour, corn and rice.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012