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Crepi Group
In this Group: Augustin , Babatoundé Bernard, Ozin
CREPI is a group of three persons whose members belong to the same collective of craftsmen. The group's representative, Augustin (whose hand is raised in the photo), is 30 years old. Augustin is married to a retailer named Mariette. They have five children to support. Two of the children are their own, and some of them are in school. Augustin lives together with his wife and children. The couple jointly ensure the various household expenses are covered.

Augustin dropped out of primary school and then learned how to weld. To cope with his various expenses, he has been welding for seven years in this region. It is a business that brings in non-negligible revenues. He gets his supplies from Nigeria.

Seeking to satisfy his customers and having the aim of better equipping his welding shop by acquiring a generator, Augustin, along with the other members of the group CREPI, is requesting a third loan from ALIDé. This loan will be used to respond better to the demands of their customers and to make more profit. The [first] two loans were paid back.
View original language description ↓
CREPI est un groupe de trois personnes, dont les membres appartiennent à un même collectif d'artisans. Le représentant du groupe, Augustin (dont la main est levée sur la photo), est âgé de 30 ans. Augustin est marié à une revendeuse du nom de Mariette. Le couple a cinq enfants à leur charge dont deux constituent leurs propres enfants et dont certains sont scolarisés. Augustin vit ensemble avec sa femme et ses enfants. Le couple assure ensemble les diverses charges de la maison. Augustin a arrêté l’école au niveau primaire et a appris ensuite la soudure. Pour faire face à ses différentes charges, Augustin exerce depuis sept ans dans sa région, la soudure, activité qui lui procure des revenus non négligeables. Augustin s’approvisionne au Nigeria. Dans la quête de la satisfaction de sa clientèle et en vue de mieux équiper son atelier de soudure par l'acquisition d'un alternateur, Augustin sollicite un troisième crédit auprès de ALIDé, ensemble avec les autres membres du groupe CREPI. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Les deux prêts 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
  • 492.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Crepi Group's $1,025 loan helped a member to buy a generator.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 7, 2012
Mar 30, 2012
Currency Exchange Loss:
Jun 19, 2013