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Houn-Kponou Group
In this Group: Sofiath Abiodoun, Mitondji Léontine, Pélagie Fleur
The HOUN-KPONOU group comprises three women who live in the same neighborhood.

The group's representative, Sofiath Abiodoun, is 46 years old. She is the group member raising her hand in the photo. She is married to a man named Laurent. They have one child who goes to school and is under their care. Sofiath Abiodoun and her husband live with their child and jointly take care of the household expenses.

Sofiath Abiodoun left school at the secondary level. She currently sells fabrics and other various products from home, an activity which allows her to meet her family's needs without much difficulty.

Eager to better satisfy the needs of her customers, Sofiath Abiodoun would like to boost her activity. In order to do so, she is requesting a third loan from ALIDé, along with the other members of the HOUN-KPONOU group. Previous loans have been duly repaid.
View original language description ↓
Le groupe HOUN-KPONOU est formé de trois personnes qui vivent dans le même quartier. La représentante de ce groupe, nommée Sofiath Abiodoun est âgée de 46 ans. Sofiath Abiodoun est celle dont la main est levée sur la photo. Sofiath Abiodoun est mariée à un certain Laurent. Le couple a un enfant, scolarisé et à leur charge. Sofiath Abiodoun et son mari vivent ensemble avec leur enfant et assurent ensemble les différentes charges de la maison. Sofiath Abiodoun a arrêté l’école au niveau secondaire. Sofiath Abiodoun vend des tissus et divers autres produits à son domicile, ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Dans le souci de mieux satisfaire ces clients, Sofiath Abiodoun désire renforcer son activité. Pour ce faire, Sofiath Abiodoun sollicite, ensemble avec les autres membres du groupe HOUN-KPONOU, un troisième crédit auprès de ALIDé. Les prêts antérieurs 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
  • 496.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Houn-Kponou Group's $725 loan helped a member to buy fabrics and other various goods.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013