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Alowanou Group
In this Group: Sègbégnon Christophe Philippe, Baba Victor, Yémalin Victorin
The Alowanou group is made up of three friends who run similar businesses and buy their stock from the same place. The representative of the group, Sègbégnon Christophe is the one pictured in the photo with his hand raised. Sègbégnon Christophe is 48 years old and is married to a hair stylist named Sourou. The couple has eight children, some of whom are in school. Sègbégnon Christophe never attended school himself. Sègbégnon Christophe lives together with his wife and children. Both he and his wife work to assure the needs of their household.

In order to provide for his various expenses, Sègbégnon Christophe practices blacksmithing out of his home. He has been practicing this craft for twenty years. He buys his stock in his locale, as well as a city in Benin.

In the hopes of better satisfying his clientele, as well as improving his turnover and profits, Sègbégnon Christophe is asking for a fourth loan by way of ALIDé along with the other members of the Alowanou group. This loan will be used to grow their inventories and to boost their clientele. The previously issued loans were properly repaid.
View original language description ↓
Le groupe ALOWANOU est composé de trois personnes qui sont des amies exercant les mêmes activités et s’approvisionnant au même endroit. Le représentant du groupe, du nom de Sègbégnon Christophe est celui qui a la main levée sur la photo. Sègbégnon Christophe est âgé de 48 ans et est marié à une coiffeuse du nom de Sourou. Le couple a huit enfants dont certains scolarisés. Sègbégnon Christophe Philippe n’a pas fréquenté l’école. Sègbégnon Christophe vit ensemble avec ses enfants et sa femme. Sègbégnon Christophe assure ensemble avec sa femme, les divers besoins du ménage. Pour assurer ses différentes charges, Sègbégnon Christophe exerce le métier de forgeron à son domicile. Sègbégnon Christophe exerce cette activité depuis vingt ans. Sègbégnon Christophe s’approvisionne dans sa région et dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Sègbégnon Christophe sollicite, ensemble avec les autres membres du groupe ALOWANOU, un quatrième crédit auprès de ALIDé. Ce prêt leur servira à rehausser le stock de ses produits et à augmenter leur clientèle. Les crédits précédemment 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
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Alowanou Group's $850 loan helped a member to purchase iron.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 28, 2012
Oct 26, 2012
Currency Exchange Loss:
Oct 18, 2013