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Eternel Est Ma Lumiere Group
In this Group: Sidonie , Roverine, S. Viviane, Aminatou, Sandrine Baï, Akom Fidélia, Naïmath
The group ETERNEL EST MA LUMIERE is comprised of seven persons who are friends living in the same district. This is the third time this group has requested financial aid from ALIDé to boost their business. The group's representative, Sidonie, is the one in the photo with her hand raised.

Sidonie is 29 years old and lives in Benin. She halted her studies in secondary school. She is married to a glazier named Bertrand. They have one child, who is in school and in their care. Sidonie lives together with her husband and child. The couple jointly meet the various household needs.

To help cover the various expenses, Sidonie has been selling children's clothing for nine years at a market in Benin. Secondarily, she sells jewelry. Her supplies come from Nigeria and from a Beninese market.

Seeking to satisfy her customers and to increase her sales and her income, Sidonie and the other members of the group ETERNEL EST MA LUMIERE are requesting a third loan from ALIDé. The first two loans were indeed repaid.
View original language description ↓
Le groupe ETERNEL EST MA LUMIERE est composé de sept personnes qui sont des amies et qui habitent le même quartier. C'est la troisième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Sidonie est celle qui a la main levée sur la photo. Sidonie est âgée de 29 ans et vit au Bénin. Sidonie a arrêté l’école au niveau secondaire. Sidonie est mariée à un vitrier du nom de Bertrand. Le couple a un enfant scolarisé et à leur charge. Sidonie vit ensemble avec son mari et son enfant. Le couple assure ensemble les divers besoins de la maison. Pour contribuer aux diverses charges, Sidonie vend depuis neuf ans des vêtements pour enfants dans un marché du Bénin. De façon secondaire, Sidonie vend des bijoux. Sidonie s’approvisionne au Nigéria et dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Sidonie sollicite ensemble avec les autres membres du groupe ETERNEL EST MA LUMIERE, 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 504.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Eternel Est Ma Lumiere Group's $975 loan helped a member to buy children's clothing and jewelry.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Dec 15, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012