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Enago-Alo 1 Group
In this Group: Thérèse, Célestine, Lucienne, Kossiba Julienne, Jeannette, Florence, Oussoubo, Séraphine, Elisabeth, Adjimon, Philomène, Blandine, Pierrette
ENAGO-ALO 1 is a group composed of thirteen persons whose members run the same revenue-generating businesses. The group’s representative, Thérèse (whose hand is raised in the photo), is 34 years old. She is married to a fisherman by the name of Christophe. They have five children, all in school. Two of the children are still in their care. Thérèse lives together with her husband and children. The couple jointly ensures that the diverse household expenses are covered.

Thérèse halted her studies in primary school. To cope with her different expenses, she has been making different dishes (rice, beans, served with sauce) for ten years. She sells the food in her neighborhood. On the side, she sells fresh fish. She gets her supplies from a market in Benin.

With the goal of expanding her business to become more competitive in the market, Thérèse, along with the other members of her group ENAGO-ALO 1 is requesting a fourth loan from ALIDé. The first three loans were indeed paid back.
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ENAGO-ALO 1 est un groupement composé de treize personnes, et dont les membres mènent les mêmes activités génératrices de revenus. La représentante du groupement, Thérèse (dont la main est levée sur la photo), est âgée de 34 ans. Thérèse est mariée à un pêcheur du nom de Christophe. Le couple a cinq enfants, tous scolarisés, dont deux restent à leur charge. Thérèse vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Thérèse a arrêté l’école au niveau primaire. Pour faire face à ses différentes charges, Thérèse prépare depuis dix ans, différents mets (riz, haricot, accompagné de sauce) qu’elle vend dans on quartier. De façon secondaire, Thérèse vend des poissons frais. Thérèse s’approvisionne dans un marché du Bénin. Dans le but d’agrandir son activité pour être plus compétitive sur le marché, Thérèse sollicite ensemble avec les autres membres du groupement ENAGO-ALO 1, un quatrième crédit auprès de ALIDé. Les trois premiers crédits 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
  • 494.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Enago-Alo 1 Group's $2,100 loan helped a member to buy sacks of rice and beans, some sauce condiments, and fresh fish.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012