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Bidossessi Group
In this Group: Angèle Denise, Philomène, Adjoua, Philomène, Pauline, Damienne, Natacha Justine Minssè, Yvette, Rosaline Dolou
Bidossessi is a group of 9 people whose members live in the same district. The group's representative, Angèle Denise (whose hand is raised in the picture), is 59 years old. She did not get much schooling. She is a widow and mother of 6 children, all of whom are educated and independent. Angèle Denise lives alone and takes care of her own needs; she has been selling drinks from her home for 17 years. She gets her supplies from a depot in Benin.

In order to raise their level of business activity, Angèle Denise and the other members of the Bidossessi group are requesting a 3rd loan from ALIDé together. This loan will enable them to strengthen their business activities and to better respond to customer demand. The first 2 loans have been properly repaid.
BIDOSSESSI est un groupe de neuf personnes, dont les membres résident dans le même quartier. La représentante du groupe, Angèle Denise (dont la main est levée sur la photo), est âgée de 59 ans. Angèle Denise a peu fréquenté l’école. Angèle Denise est une veuve et mère de six enfants, tous scolarisés, dont aucun ne reste à sa charge. Angèle Denise vit seule et assure seule ses charges. Depuis dix sept ans, Angèle Denise mène comme activité la vente des boissons à son domicile. Angèle Denise s’approvisionne dans un dépôt du Bénin. Afin d’élever le niveau de leur activité, Angèle Denise sollicite un troisième crédit ensemble avec les autres membres du groupe BIDOSSESSI. Ce crédit leur permettra de renforcer leurs activités et de mieux répondre aux exigences de leur clientèle. Les deux premiers prêts 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
  • 541.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bidossessi Group's $1,750 loan helped a member to buy drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 14, 2013