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Agbara Oluwa Okpo Group
In this Group: Akisokpè Elidja, Alfred, John, Adéwalé Jonace
The AGBARA OLUWA OKPO group consists of four people who live in the same locality.

The group's representative, Akisokpè Elidja (raising his hand in the photo), is 39 years old. He is married to a retailer named Marcelline and has seven children in his care, three of whom are his own children. Some of the children attend school. The couple jointly takes care of the family's various expenses.

Akisokpè Elidja left school at the secondary level and learned the trade of welding. In order to cover his various expenses, he has been working as a welder for the past seventeen years, which enables him to take good care of his family's needs. He buys his supplies in Nigeria.

In order to better meet the needs of an increasing number of customers, and also to increase his profits, Akisokpè Elidja is requesting a third loan from ALIDé, together with the other members of the AGBARA OLUWA OKPO group. Previous loans have been well repaid.
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AGBARA OLUWA OKPO est un groupe composé de quatre personnes qui résident dans la même localité. Le représentant du groupe du nom de Akisokpè Elidja (dont la main est levée sur la photo), est âgé de 39 ans. Akisokpè Elidja est marié à une marchande du nom de Marcelline et a sept enfants à charge, dont trois sont ses propres enfants. Parmi les enfants, certains sont scolarisés. Le couple assure ensemble les diverses charges de la famille. Akisokpè Elidja a arrêté l’école au niveau secondaire et a appris ensuite la soudure. Pour faire face à ses différentes charges, Akisokpè Elidja exerce cette activité depuis dix sept ans, ce qui lui permet d’apporter une aide significative à sa famille. Akisokpè Elidja s’approvisionne au Nigéria. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et de se faire plus de profit, Akisokpè Elidja sollicite ensemble avec les autres membres du groupe AGBARA OLUWA OKPO un troisième crédit auprès de ALIDé. Les 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
  • 491.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Agbara Oluwa Okpo Group's $1,100 loan helped a member to buy welding rods and other supplies for welding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2013