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Alodo Alome Group
In this Group: Eugénie, Julienne, A. Irène
Alodo Alome is a group of three people, all the members live in the same neighbourhood. The leader of the group, named Eugenie is the one with her hand raised in the photo. Eugenie is 42 years old. She is married to a man called Remy. They have three children, which all go to school at their expense. Eugenie went to school very little. She and her husband share the family expenses. In order to manage this Eugenie has been selling food products for 15 years. Eugenie buys her stock at a market in Benin. In order to reinforce her business and satisfy her customers' demand, Eugenie and the other members of the Alodo Alome group, request a fourth loan from Alidé. The previous loans were repaid correctly.
ALODO ALOME est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, nommée Eugénie est celle qui a la main levée sur la photo. Eugénie est âgée 42 ans. Eugénie est mariée à un certain Rémy. Le couple a trois enfants, tous scolarisés et à leur charge. Eugénie a très peu fréquenté l'école. Eugénie et son mari assurent ensemble les charges familiales. Pour ce faire, Eugénie vend des produits vivriers depuis quinze ans. Eugénie s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité et de satisfaire la demande de sa clientèle, Eugénie sollicite ensemble avec les autres membres du groupe ALODO ALOME, un quatrième 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
  • 510.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Alodo Alome Group's $1,200 loan helped a member to buy food products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 18, 2013
May 19, 2013
Currency Exchange Loss:
May 19, 2014