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Gloire A Dieu Group
In this Group: Patricia Émilienne, Marthe, Caroline
The group GLOIRE A DIEU comprises three persons who reside in the same district. This is the third time this group has requested financial aid from ALIDé to boost business. The group's representative, Patricia Émilienne, is the one in the photo with her hand raised. She dropped out of secondary school, is 43 years old, and no longer lives with her husband. The couple have two children, both in school and in their care. Patricia Émilienne lives alone with her children. The couple share in covering the different household expenses.

To help with different family needs, Patricia Émilienne has been selling a variety of goods (canned foods, pasta, soap) in her district. This business enables her to meet her needs without much problem. She gets her supplies from a market in Benin.

Seeking to satisfy her customers and to grow her sales and revenues, Patricia Émilienne, along with the other members of the group GLOIRE A DIEU, is requesting a third loan from ALIDé. This loan will enable them to raise their level of business and to grow their customer base and their revenues. The previous loans received were indeed paid back.
View original language description ↓
Le groupe GLOIRE A DIEU est composé de trois personnes qui résident dans un même quartier. C'est la troisième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Patricia Émilienne est celle qui a la main levée sur la photo. Patricia Émilienne a arrêté l’école au niveau secondaire. Patricia Émilienne est âgée de 43 ans et ne vit plus avec son mari. Le couple a deux enfants, tous scolarisés et à leur charge. Patricia Émilienne vit seule avec ses enfants. Le couple se partage les différentes charges de la maison. Pour contribuer aux différents besoins de la famille, Patricia Émilienne vend divers produits (conserves, pâtes alimentaires et savons) dans son quartier. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Patricia Émilienne s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Patricia Émilienne sollicite ensemble avec les autres membres du groupe GLOIRE A DIEU, un troisième crédit auprès de ALIDé. Ce prêt leur permettra de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu. Les premiers crédits reçus 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
  • 531.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gloire A Dieu Group's $550 loan helped a member to buy various goods (canned foods, pasta, and soap).
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2013