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Akouegnon 4 Group
In this Group: Dassi , Akpoton, Houénoumé, Medemé
Akouegnon 4 is a group made up of 4 people who live in the same community and belong to the same mutual funds group. The group's representative, Dassi (whose hand is raised in the picture), is 42 years old. She is married to Fanda and is the mother of 4 children, who have all been to school, and of whom only one is still dependent on her. Dassi lives with her husband and dependent child, and takes care of the household responsibilities together with her spouse.

Dassi did not go to school. To be able to meet her different responsibilities, Dassi produces and sells palm oil in her home. As a sideline business, she also sells plates and jewellery on the street. She has been doing this work for 10 years and she gets her supplies in Benin.

With the aim of being better be able to respond to the demands of a growing customer base and to make more profits, Dassi is requesting a 5th loan from ALIDé, together with the other members of the Akouegnon 4 group. The loans previously received have all been correctly repaid.
AKOUEGNON 4 est un groupe composé de quatre personnes qui résident dans la même localité et appartiennent à un même groupe de tontine. La représentante du groupe du nom de Dassi (dont la main est levée sur la photo), est âgée de 42 ans. Dassi est mariée à un certain Fanda et est mère de quatre enfants, tous scolarisés, dont seulement un reste à sa charge. Dassi vit avec son mari et son enfant à charge et assure ensemble avec son mari les différentes charges du ménage. Dassi n’a pas fréquenté l’école. Pour faire face à ses différentes charges, Dassi mène comme activité la production et la vente de l'huile de palme à son domicile. De façon secondaire, Dassi vend des assiettes et des bijoux de façon ambulante. Dassi exerce cette activité depuis dix ans et s’approvisionne au Bénin. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et de se faire plus de profit, Dassi sollicite ensemble avec les autres membres du groupe AKOUEGNON 4, un cinquième 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
  • 495.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Akouegnon 4 Group's $625 loan helped a member to buy palm oil, plates and jewellery.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012