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Titomagba Group
In this Group: Gbèhouédé Pierrette, Victorine, Martine, Bibiane, Pascaline, Anasthasie, Hélène, Béatrice, Cica, Aminatou, Josiane, Mariette, Cathérine, Monique, Virginie, Cécile
The Titomagba group has 16 members who all live in the same area. This is the first time that this group has asked for financial assistance from Alidé, and they have done so to increase their business levels.

The group’s representative is called Gbèhouédé Pierrette, and is pictured with her hand raised in the photo. She is 28 years of age and is married to a man named Robert. She has three children, some of whom are at school. They are all under the care of the couple.

Gbèhouédé Pierrette lives together with her husband and children, and the couple makes sure that the various household expenses are met. To do so, Gbèhouédé Pierrette works selling bananas and palm oil, which she produces in her region. She also gets her supplies within her region.

In order to satisfy her customers and increase her sales and income, Gbèhouédé Pierrette has requested her first loan from Alidé along with the other members of the Titomagba group.
View original language description ↓
Le groupement TITOMAGBA est composé de seize personnes qui vivent dans la même zone. C'est la première fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante de ce groupement, du nom de Gbèhouédé Pierrette est celle qui a la main levée sur la photo. Gbèhouédé Pierrette est âgée de 28 ans et est mariée à un certain Robert. Gbèhouédé Pierrette est mère de trois enfants, dont certains sont scolarisés et tous à la charge du couple. Gbèhouédé Pierrette vit ensemble avec ses enfants et son mari. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Gbèhouédé Pierrette mène comme activité, la vente de bananes et de l'huile de palme qu'elle produit dans sa région. Gbèhouédé Pierrette s’approvisionne aussi dans sa région. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Gbèhouédé Pierrette sollicite ensemble avec les autres membres du groupement TITOMAGBA, un premier crédit auprès de ALIDé.

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
  • 522.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Titomagba Group's $1,250 loan helped a member to buy bunches of bananas and palm nuts.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013