Check out some available loans that are similar to this one!
Sohoueto 3 Group
In this Group: Adjuavi Marie, Pélagie, Satin Elisée, Julienne, Elody, Virginie, Micaelle, Assiba Joselyne, Anasthasie, Diane, Sabine Ablawa, Damienne, C. Esther, Jeanne, Julienne, Aline, Ourala Cécile, Odile, A. Julienne, Leatitia A. A., Gnanki Pascaline, Alice, Dédé Delphine
SOHOUETO 3 is a group of 23 persons whose members know one another in the same district. The group's representative, Adjuavi Marie (whose hand is raised in the photo), is 60 years old and married to a man named Philippe. They have four children, all having schooling, of whom one remains in their care.

Adjuavi Marie has had very little schooling. She lives together with her dependent child and her husband. The couple jointly ensures that the different household expenses are covered.

For nearly ten years, Adjuavi Marie has been selling grains (rice, corn, beans, cassava flour, oil) out of her home. She gets her supplies from a region in Benin.

This is the first time Adjuavi Marie and the other members of the group SOHOUETO 3 have requested financial support from ALIDé with the aim of bolster their working capital and their businesses and to respond better to the requirements of their customers.
View original language description ↓
SOHOUETO 3 est un groupement de vingt trois personnes, dont les membres se connaissent dans le même quartier. La représentante du groupe, Adjuavi Marie (dont la main est levée sur la photo), est âgée de 60 ans et est mariée à un certain Philippe. Le couple a quatre enfants, tous scolarisés, dont un reste à leur charge. Adjuavi Marie a très peu fréquenté l’école. Adjuavi Marie vit ensemble avec son enfant à charge et son mari. Le couple assure ensemble les différentes charges de la maison. Depuis près de dix ans, Adjuavi Marie vend des céréales (riz, maïs, haricot, farine de manioc, huile) à son domicile. Adjuavi Marie s’approvisionne dans une région du Bénin. C’est la première fois que Adjuavi Marie et les autres membres du groupe SOHOUETO 3 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.

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 Sohoueto 3 Group's $2,875 loan helped a member to buy sacks of rice, corn, and beans.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 11, 2012
Jun 8, 2012
Currency Exchange Loss:
Jan 15, 2013