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Aloyinou Group
In this Group: Cathérine Léontine, Clémence B., Véronique, G. Julienne, A. Florence, Solange, Véronique, Mathilde, Sidonie Assiba, Albertine, Julienne, Pierrette, Léocadie, Clarisse, Dênandi Edith Benzelle, Agathe Bernadette
Aloyinou is a group of 16 people who all go to the same church. The group’s representative is called Cathérine Léontine (pictured with her hand raised in the photo). She is 52 years of age, and is married to a shepherd called Isidore. The couple has four dependent children, who are all at school.

Cathérine Léontine and her husband live with their children, and provide for the household’s various expenses. For a few years Cathérine Léontine has worked selling fabrics via the distribution system. She is passionate about this business, which allows her to provide for herself and for her family. She gets her supplies in a market in Benin.

In order to ensure customer satisfaction and increase her working capital, Cathérine Léontine has requested her first loan along with the other members of the Aloyinou group. This loan will allow them to better meet their customers’ requests, as well as to make more profits.
View original language description ↓
ALOYINOU est un groupe de seize personnes, dont les membres fréquentent la même église. La représentante du groupe, Cathérine Léontine (dont la main est levée sur la photo), est âgée de 52 ans et est mariée à un pasteur du nom de Isidore. Le couple a quatre enfants, tous scolarisés et à leur charge. Cathérine Léontine et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Il y a quelques années que Cathérine Léontine exerce comme activité, la vente des tissus par le système de distribution. Cathérine Léontine exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Cathérine Léontine s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement, Cathérine Léontine sollicite un premier crédit avec les autres membres du groupe ALOYINOU. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.

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
  • 500.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Aloyinou Group's $1,600 loan helped a member to buy fabrics.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2013