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Gbetoenomon Group
In this Group: Akouavi Sylvie, Justine, Justine
GBETOENOMON is a group made up of three people who live in the same neighborhood.

The representative of the group, Akouavi Sylvie (raising her hand in the photo), is 37 years old and married to a mechanic named Ferdinand. The couple has two children, both in school and their dependents. Akouavi Sylvie lives with her husband and children and takes care of the various household expenses along with her husband.

She has been selling rice, beans and condiments in her own neighborhood for close to thirteen years. She buys her goods at a market in Benin.

It is the third time that Akouavi Sylvie and the other members of the GBETOENOMON group are requesting financial support from ALIDé in order to strengthen their working capital and their business, and to better meet their customers' needs. Their two previous loans have been well repaid.
View original language description ↓
GBETOENOMON est un groupe de trois personnes, dont les membres vivent dans le même quartier. La représentante du groupe, Akouavi Sylvie (dont la main est levée sur la photo), est âgée de 37 ans et est mariée à un mécanicien du nom Ferdinand. Le couple a deux enfants, tous scolarisés et à leur charge. Akouavi Sylvie vit ensemble avec ses enfants et son mari et assure ensemble avec son mari les différentes charges de la maison. Depuis près de treize ans, Akouavi Sylvie vend du riz, de haricot et des condiments dans son quartier. Akouavi Sylvie s’approvisionne dans un marché du Benin. C’est la troisième fois que Akouavi Sylvie et les autres membres du groupe GBETOENOMON sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Les deux crédits reçus antérieurement 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
  • 494.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gbetoenomon Group's $475 loan helped a member to buy bags of rice and beans.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012