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Dieu Seul Suffit Group
In this Group: Généviève Akouavi, Colette Bayi, Afiavi
DIEU SEUL SUFFIT is a three-person group where the members all live in the same neighborhood.

The group representative, Généviève Akouavi (whose hand is raised in the photo), is 44 and married to a stockist named Gatient. The couple has four children (3 dependent), and all of their children went to school. Généviève Akouavi stopped attending to school in high school. Généviève Akouavi lives with her children and her husband, and she and her husband take care of the family expenses.

Généviève Akouavi has been selling fish in her region for close to 15 years. Généviève Akouavi buys her supplies in a market in Benin.

This is the third time that Généviève Akouavi and DIEU SEUL SUFFIT are asking for the financial support from ALIDé in order reinforce their working capital and better respond to the demands of their clientele. Their two previous loans have been repaid.
View original language description ↓
DIEU SEUL SUFFIT est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Généviève Akouavi (dont la main est levée sur la photo), est âgée de 44 ans et est mariée à un revendeur du nom de Gatient. Le couple a quatre enfants, tous scolarisés dont trois restent à leur charge. Généviève Akouavi a arrêté l’école au niveau secondaire. Généviève Akouavi vit ensemble avec ses enfants et son mari et assure ensemble avec son mari, les différentes charges de la maison. Depuis près de quinze ans, Généviève Akouavi vend des poissons dans sa région. Généviève Akouavi s’approvisionne dans une ville un marché du Bénin. C’est la troisième fois que Généviève Akouavi et les autres membres du groupe DIEU SEUL SUFFIT sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Les deux premiers crédits 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

  • $1,500
    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 Dieu Seul Suffit Group's $825 loan helped a member to buy fish.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 25, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 11, 2014