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Missimide Group
In this Group: Marie , Emilienne, Maximilienne
The Missimide Group is made up of three people who live in the same neighborhood in Benin. This group's representative, named Marie, is the woman whose hand is raised in the photo. This is the third time this group is seeking the financial support of Alidé with the aim of increasing their business.

Marie is 41 years old and is married to a carpenter named Célestin. The couple has four children, all of them in school, two of whom remain in their care. Marie lives with her husband and children. The couple sees to the various expenses together. Marie stopped going to school during elementary school.

For the past fifteen years, Marie has run a business selling various goods (spices, food supplies). This allows her to meet her family's needs without much difficulty. Marie obtains her supplies at a market in Benin. In the hope of better responding to customer demand, Marie would like to build up her product stock and enhance her business activity. In order to do so, Marie, along with the other members of the Missimide Group, is seeking a third loan from Alidé. The previous loans have been repaid.
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Le groupe MISSIMIDE est formé de trois personnes qui résident dans le même quartier au Bénin. La représentante de ce groupe, nommée Marie, 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. Marie est âgée de 41 ans et est mariée à un menuisier du nom de Célestin. Le couple a quatre enfants, tous scolarisés, dont deux restent à leur charge. Marie vit ensemble avec son mari et ses enfants. Le couple assure ensemble les différentes charges. Marie a arrêté l’école au niveau primaire. Depuis une quinzaine d’année, Marie exerce comme activité, la vente de divers produits (condiments, vivres). Ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Marie s’approvisionne dans un marché du Bénin. Dans le souci de mieux répondre aux exigences de sa clientèle, Marie désire renforcer ses stocks de produits et rehausser le niveau de son activité. Pour ce faire, Marie sollicite, ensemble avec les autres membres du groupe MISSIMIDE, un troisième crédit auprès de ALIDé. Les crédits précédents 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
  • 499.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Missimide Group's $850 loan helped a member to purchase spices and food supplies.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012