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Agbondjedo Group
In this Group: Jeanne , Doflin, Gonoussi Wetede
AGBONDJEDO is a group made up of three people who are friends and belong to the same savings group. It is the fifth time that the group is requesting financial assistance from ALIDé, in order to raise its level of activity.

Jeanne, the group's representative, is the woman raising her hand in the photo. She is 45 years old, lives in Benin, and has never attended school. She is married to a man named Kinvoédo. The couple has four children, all in school and all their dependents. Jeanne lives with her husband and children and takes care of the various household expenses with her husband. In order to provide for herself, Jeanne has been selling onions, peppers, and to a lesser extent, yams, at a market in Benin for the past fifteen years. She stocks up in a town in Benin.

In order to meet her customers' needs and to increase her turnover and income, Jeanne is requesting a fifth loan from ALIDé, together with the other members of the AGBONDJEDO group. Previous loans have been well repaid.
View original language description ↓
Le groupe AGBONDJEDO est composé de trois personnes qui sont des amies et appartiennent à un même groupe de tontine. C'est la cinquième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Jeanne est celle qui a la main levée sur la photo. Jeanne est âgée de 45 ans et vit au Bénin. Jeanne n’a pas fréquenté l’école. Jeanne est mariée à un certain Kinvoédo. Le couple a quatre enfants, tous scolarisés et à leur charge. Jeanne vit ensemble avec son mari et ses enfants et assure ensemble avec son mari les diverses charges de la maison. Afin de subvenir à ses besoins, Jeanne mène comme activité depuis quinze ans, la vente de d’oignon, de piment et de façon secondaire la vente d’ignames dans un marché du Benin. Jeanne s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Jeanne sollicite ensemble avec les autres membres du groupe AGBONDJEDO, un cinquième crédit auprès de ALIDé. Les prêts 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
  • 498.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Agbondjedo Group's $850 loan helped a member to buy bags of onions, yams and peppers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Apr 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2013