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Afepeb 2 Group
In this Group: Blandine Léonie, Bernadette
AFEPEB 2 is a group of two people who live in the same neighborhood. The group’s representative is called Blandine Léonie (pictured with her hand raised in the photo), and is a 60-year-old widow. She is a mother of four children, some of whom are at school. Two of her children remain under her care.

Blandine Léonie lives with her children, and is solely responsible for ensuring that her various needs and those of her children are met. For almost 16 years she has sold fabrics and staple foods through the distribution system and in a market located in Benin. Blandine Léonie gets her supplies from a market in Benin.

This is the third time that Blandine Léonie and the second member of the AFEPEB 2 group have requested financial support from ALIDé. They have done so to increase their working capital and better meet the needs of their customers. The loans they received in the past have been successfully repaid.
View original language description ↓
AFEPEB 2 est un groupe de deux personnes, dont les membres résident dans le même quartier. La représentante du groupe, Blandine Léonie (dont la main est levée sur la photo), est âgée de 60 ans et est une veuve. Blandine Léonie est mère de quatre enfants, dont certains scolarisés et deux restent à sa charge. Blandine Léonie a très peu fréquenté l’école. Blandine Léonie vit ensemble avec ses enfants et assure seule ses divers besoins et ceux de ses enfants. Depuis près de seize ans, Blandine Léonie vend des tissus et des produits vivriers par le système de distribution et dans un marché du Bénin. Blandine Léonie s’approvisionne dans un marché du Bénin. C’est la troisième fois que Blandine Léonie et le second membre du groupe AFEPEB 2 sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. 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
  • 522.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Afepeb 2 Group's $400 loan helped a member to buy fabrics and staple foods.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2012
Listed
Jun 8, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012