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Ayidote 5 Group
In this Group: Brigitte , Mouinath, Rafiath, Martine
AYIDOTE 5 is a four-person group, whose members reside in the same city district in Benin; they also belong to the same local finance group. The group leader, Brigitte (who is raising her hand in the picture), is 57 years old. Brigitte is married to Crespin and is a mother of four; all her children attend school. In addition to her children, Brigitte also supports one other child. The couple provides for the household together. Brigitte never went to school.
To meet her various financial needs, Brigitte has been selling meals (rice with sauce such as fish sauce) from her home for about ten years. She gets her supplies from a market in Benin. To satisfy her customers and to grow her business, Brigitte and the other members of group AYIDOTE 5 are requesting a second loan from ALIDé. They will use this loan to better answer customer demand and to increase their profit. Their first loan was punctually repaid.
View original language description ↓
AYIDOTE 5 est un groupe de quatre personnes, dont les membres résident dans le même quartier au Bénin et appartiennent à un même groupe de tontine. La représentante du groupe, Brigitte (dont la main est levée sur la photo), est âgée de 57 ans. Brigitte est mariée à un certain Crespin et est mère de quatre enfants, tous scolarisés. En dehors de ses enfants, Brigitte a un autre enfant à charge. Brigitte vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Brigitte n'a pas fréquenté l'école. Pour faire face à ses différentes charges, Brigitte vend depuis une dizaine d’années, des repas (riz accompagné de sauce aux poissons, etc.) à son domicile. Brigitte s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et en vue élargir son activité, Brigitte sollicite un deuxième crédit auprès de ALIDé, ensemble avec les autres membres du groupe AYIDOTE 5. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Le premier prêt a été bien remboursé.

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
  • 496.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayidote 5 Group's $550 loan helped a member to buy bags of rice, fresh fish, and condiments.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 27, 2012
Mar 25, 2012
Currency Exchange Loss:
Nov 15, 2012