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Akolemin Group
In this Group: Abikou Jacqueline , Christiane Kouassialé, Gwladys Akoua
AKOLEMIN is a group composed of three persons belonging to the same family. The group's representative, Abikou Jacqueline (whose hand is raised in the photo), is 61 years old and married to a man named Antoine. They have three children, of whom only two are in their care. Not all of the children have had schooling. Abikou Jacqueline lives together with her children and husband and jointly ensures, along with her husband, that the household expenses are covered.

Abikou Jacqueline did not attend school. To cope with her different expenses, she has been selling condiments for about ten years; secondarily, she has been selling fish out of her house and by the distribution system in Benin. She gets her supplies from a market in Benin.

With the goal of responding better to the requirements of her burgeoning customer base and making more profit, Abikou Jacqueline is requesting, along with the other members of the group AKOLEMIN, a third loan from ALIDé. The loans received previously were indeed paid back.
View original language description ↓
AKOLEMIN est un groupe composé de trois personnes qui sont des membres de la même famille. La représentante du groupe du nom de Abikou Jacqueline (dont la main est levée sur la photo), est âgé de 61 ans. Abikou Jacqueline est mariée à un certain Antoine. Le couple a trois enfants dont deux seulement sont à leur charge. Certains enfants sont scolarisé. Abikou Jacqueline vit ensemble avec ses enfants et son mari et assure ensemble avec son mari les charges de la maison. Abikou Jacqueline n’a pas fréquenté l’école. Pour faire face à ses différentes charges, Abikou Jacqueline mène comme activité la vente de condiments et de façon secondaire la vente de poissons à son domicile et par le système de distribution depuis une dizaine d'année au Benin. Abikou Jacqueline s’approvisionne dans un marché du Bénin. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et de se faire plus de profit, Abikou Jacqueline sollicite, ensemble avec les autres membres du groupe AKOLEMIN 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 499.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Akolemin Group's $725 loan helped a member to buy fresh fish and some condiments.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 20, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013