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Ayidote Houegbo-Aliho Group
In this Group: Yvette, Bernadette, Elisabeth, Florence, Micheline, Nathalie, Clarisse, Florence, Georgette, Edith, Isabelle, Françoise, Martine, Noèlie, Rita, Pierrtte
Group Ayidote Houegbo-Aliho is composed of sixteen members. The group's representative, named Yvette, is raising her hand on the picture. In order to increase their activity level and better meet customer demand, this group is requesting ALIDé's financial support.
Yvette is 27 years old and lives in Benin. She is married to a driver named Egoudjobi. The couple has three children in their care, a couple of which go to school. Yvette and her husband live together with their children.
To support herself and her children, Yvette has been in business for about ten years, selling onions and spices in her neighborhood. As a side activity, Yvette sells sesame seeds. She gets her supplies from a city in Benin.
In order to strengthen their activity and to better meet customer demand, Yvette and the other members of group Ayidote Houegbo-Aliho are requesting their first loan from ALIDé.
View original language description ↓
Le groupement AYIDOTE HOUEGBO-ALIHO est composé de seize membres. La représentante de ce groupement, du nom de Yvette est celle ayant une main levée sur la photo. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite l'appui financier de ALIDé. Yvette est âgée de 27 ans et vit au Bénin. Yvette est mariée à un chauffeur du nom de Egoudjobi. Le couple a trois enfants, dont certains scolarisés et tous à leur charge. Yvette et son mari vivent ensemble avec leurs enfants. Pour subvenir à ses besoins et à ceux de ses enfants, Yvette mène comme activité depuis une dizaine d'année la vente d'oignons et des épices dans son quartier. De façon secondaire, Yvette vend des sésames. Yvette s'approvisionne dans une ville du Bénin. Dans le but de renforcer leur activité et mieux satisfaire à la demande de leur clientèle, Yvette et les autres membres du groupe AYIDOTE HOUEGBO-ALIHO sollicite un premier 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
  • 486.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayidote Houegbo-Aliho Group's $1,425 loan helped a member to buy bags of onions.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012