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Bidossessi Group
In this Group: Anne , Lali Hayiko, Reine, Chantale, Léocadie, Célestine, Akuavi
The group BIDOSSESSI comprises seven persons who reside in the same district. This is the second time this group has requested financial aid from ALIDé to boost business. The group's representative, Anne, is the one in the photo with her hand raised. She is 41 years old and married to a mason named Cyprien. Anne did not go to school. The couple have five children, not all in school. One of the children remains in their care. Anne lives together with her husband and children, and along with her husband. The couple share in covering the different household expenses.

To help with different family needs, Anne has been selling plastic utensils at a market in Benin for twenty years. 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 increase her sales and revenues, Anne, along with the other members of the group BIDOSSESSI, is requesting a second loan from ALIDé. This loan will enable them to raise their level of business and to grow their customer base and their revenues. The first loan was indeed paid back.
View original language description ↓
Le groupe BIDOSSESSI est composé de sept personnes qui résident dans un même quartier. C'est la deuxième 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 Anne est celle qui a la main levée sur la photo. Anne est âgée de 41 ans et est mariée à un maçon du nom de Cyprien. Anne n’a pas fréquenté l’école. Le couple a cinq enfants, dont certains scolarisés et un reste à leur charge. Anne vit ensemble avec son mari et son enfant. Le couple se partage les différentes charges de la maison. Pour contribuer aux différents besoins de la famille, Anne vend depuis vingt ans, des ustensiles en plastiques dans un marché du Bénin. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Anne 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, Anne sollicite ensemble avec les autres membres du groupe BIDOSSESSI, un deuxième crédit auprès de ALIDé. Ce prêt leur permettra de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu. Le prêt antérieur a été bien remboursé.

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

  • $1,500
    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 Bidossessi Group's $1,425 loan helped a member to buy plastic utensils to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 20, 2013