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Yehime 3 Group
In this Group: Virginie, Paulette, Pierrette, Genevive, Geneviève, Raymonde, Innocencia, Fidèle, Carole Josée, Yollande, Christine Adjoua
YEHIME 3 is a group composed of 11 people who all live in the same neighborhood. The group representative, Virginie, is the one raising her hand on the picture. In order to strenghten their business and better meet the needs of their customers, this group is seeking financial support from ALIDÉ for the first time. Virginie never went to school. She is 50 ans and is married to a man named Yaovi. They have five children. Some of them go to school. Two are still their dependents. Virginie and her husband live with their dependent children. They both take care of the family financially. In order to contribute to family-related expenses, Virginie has been selling rice and condiments from home for 15 years. She buys those items in a market in Benin. In order to strengthen their business and better meet the needs of their customers, Virginie and the other members of YEHIME 3 are applying for this first loan from ALIDÉ. Their ambition is to increase their business.
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Le groupement YEHIME 3 est composé de onze personnes qui résident dans le même quartier. La représentante de ce groupement, du nom de Virginie 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 pour une première fois l'appui financier de ALIDé. Virginie n’a jamais fréquenté l’école. Virginie est âgée de 50 ans et est mariée à un certain Yaovi. Le couple a cinq enfants, dont certains scolarisés et deux restent à leur charge. Virginie et son mari vivent ensemble avec leurs deux enfants à charge et assurent ensemble les diverses charges de la famille. Pour contribuer aux divers besoins de sa famille, Virginie vend depuis quinze ans, du riz et des condiments à son domicile. Virginie s'approvisionne dans un marché du Bénin. Dans le but de renforcer leur activité et de mieux satisfaire leur clientèle, Virginie et les autres membres du groupement YEHIME 3 sollicitent un premier crédit auprès de ALIDé. Leur ambition est d’accroître le niveau de leur activité.

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
  • 504.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Yehime 3 Group's $650 loan helped a member to buy bags of rice and condiments.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 1, 2011
Listed
Dec 21, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012