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Deo-Gratias Group
In this Group: Séraphine , Bernadette, Marie
The group DEO-GRATIAS comprises three persons who reside in the same district. This is the sixth time this group has requested financial aid from ALIDé to boost business. The group's representative, Séraphine, is the one in the photo with her hand raised. She is 30 years old and married. The couple have four children, not all in school but all in their care. Séraphine lives together with her children and husband. The couple share in covering the different household expenses.

To help with different family needs, Séraphine has been selling grains (cassava flour, corn) and oil out of her home. This work 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, Séraphine, along with the other members of the group DEO-GRATIAS, is requesting a sixth 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 were indeed paid back.
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Le groupe DEO-GRATIAS est composé de trois personnes qui résident dans un même quartier. C'est la sixième 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 Séraphine est celle qui a la main levée sur la photo. Séraphine est âgée de 30 ans et est mariée. Le couple a quatre enfants, dont certains scolarisés et tous à leur charge. Séraphine vit ensemble avec son mari et ses enfants. Le couple se partage les différentes charges de la maison. Pour contribuer aux différents besoins de la famille, Séraphine vend des céréales (farine de manioc, maïs) et de l'huile. à son domicile. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Séraphine 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, Séraphine sollicite ensemble avec les autres membres du groupe DEO-GRATIAS, un sixième 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 Deo-Gratias Group's $450 loan helped a member to buy grains (cassava flour, corn) and some oil to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 18, 2012
Aug 17, 2012
Currency Exchange Loss:
May 20, 2013