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Akuetin Group
In this Group: Jeanne, Pélagie, Alice
The AKUETIN group is made up of three friends who live in the same neighborhood. This is the seventh time that the group is seeking financial assistance from ALIDé, in order to raise the level of its business activity.

Jeanne, whose hand is raised in the photograph, is the group's representative. Jeanne is 34 years old and lives in Benin. She stopped attending school during primary school. Jeanne is married to Lucien. The couple has three children, all of whom are in their care and attend school. Jeanne lives with her husband and children.

In order to cover the various family expenses, Jeanne has been selling secondhand clothing by the distribution system for about eight years now. On the side, Jeanne sells fruit. She gets her supplies from a market in Benin.

In order to satisfy her customers and increase her turnover and revenue, Jeanne, along with the other members of the AKUETIN group, is seeking a seventh loan from ALIDé. The first six loans were all correctly repaid.
View original language description ↓
Le groupe AKUETIN est composé de trois personnes qui sont des amies et qui habitent le même quartier. C'est la septième 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 Jeanne est celle qui a la main levée sur la photo. Jeanne est âgée de 34 ans et vit au Bénin. Jeanne a arrêté l’école au niveau primaire. Jeanne est mariée à un certain Lucien. Le couple a trois enfants tous scolarisés et à leur charge. Jeanne vit ensemble avec son mari et ses enfants. Afin d'assurer les diverses charges de la famille, Jeanne exerce depuis huit ans environs, la vente des friperies par le système de distribution. De façon secondaire, Jeanne vend des fruits. Jeanne s'approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Jeanne sollicite ensemble avec les autres membres du groupe AKUETIN, un septième crédit auprès de ALIDé. Les six 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
  • 501.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Akuetin Group's $700 loan helped a member to buy secondhand clothes and fruit.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 2, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012