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Prudencia's Group
In this Group: Prudencia , Elisabeth, Raliatou
This group comprises three women from the same neighborhood who have decided to come together to request their first loan from ALIDé.

Prudencia, the group's representative, is 38 years old. She is married, and she has had two children with her husband, Maxime, who works as a cook. In the photo, Prudencia is the woman raising her hand in the middle of the group.

Prudencia's children are in school and live with their parents.

In order to help her husband to take care of the day-to-day expenses, Prudencia has been buying fabrics at a local market for the past six years. She then resells her merchandise from home.

She is now taking this loan in order to develop her activity.
View original language description ↓
Ce groupe de trois personnes réunit des voisines de quartiers qui ont décidé de se réunir pour solliciter un premier crédit auprès de ALIDé.

La représentante du groupe, Prudencia (celle qui a la main levée au milieu de la photo)est âgée de 38 ans, mariée, et a eu 2 enfants avec son mari Maxime, qui est cuisinier.
Leurs enfants sont scolarisés et vivent avec eux.
Pour aider son mari dans les dépenses quotidiennes, Prudencia va s'approvisionner en tissus dans un marché de sa localité depuis maintenant 6 ans pour les revendre à son domicile.

Elle contracte aujourd'hui ce crédit dans le but de développer son activité.

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
  • 503.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Prudencia's Group's $300 loan helped a member to buy some "pagnes" (colorful West African fabrics) and resell them from home.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014