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Ayitcheme 3 Group
In this Group: Ayébahi, Alix, N. Cendrine Alida, Antoinette, Marie, Florence, Albertine, Charles, Emilienne, Clarisse, Alexandrine, Rosine, Alice, Pierrette, Anastasie, B. Roméo A., Sourou Mathieu, Henriette, Adissétou
The group "AYITCHEME 3" is composed of nineteen persons who live in the same district and who belong to the same association. The group's representative, Ayébahi, who is the one in the photo with her hand raised, is 55 years old and married to a man named Soglo. She has three children, all in her care.

Ayébahi did not attend school. She makes cornmeal porridge served with pâté (made from wheat flour and sugar) that she sells at a school in Benin. Concurrent to this business, Ayébahi sells a variety of other goods, and this enables her to do better in supporting her children. Ayébahi has been in this business for about four years. She gets her supplies from a market in Benin.

With the aim of boosting her business, Ayébahi has the ambition to expand her inventory, which will enable her to respond better to the requirements of her customer. To do so, Ayébahi is requesting, along with the other members of the group AYITCHEME 3, a loan from ALIDé
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Le groupement AYITCHEME 3 est formé de dix neuf personnes qui habitent dans le même quartier et appartiennent à une même association. La représentante de ce groupe, Ayébahi, celle dont la main est levée sur la photo est âgée de 55 ans. Ayébahi est mariée à un certain Soglo et a trois enfants, tous à sa charge. Ayébahi n'a pas fréquenté l'école. Ayébahi prépare de la bouillie de maïs accompagnée de pâté (à base de farine de blé et du sucre), qu'elle vend dans une école du Bénin. Parallèlement à cette activité, Ayébahi vend d'autres produits divers ; ce qui lui permet de mieux subvenir aux besoins de ses enfants. Il y a environs quatre ans que Ayébahi exerce cette activité. Ayébahi s’approvisionne dans un marché du Bénin. En vue de rehausser le niveau de son activité, Ayébahi ambitionne agrandir son stock de vente ; ce qui lui permettra de mieux répondre aux exigences de sa clientèle. Pour ce faire, Ayébahi sollicite ensemble avec les autres membres du groupement AYITCHEME 3, un crédit auprès de ALIDé.

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
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayitcheme 3 Group's $1,975 loan helped a member to purchase corn, sugar, vegetable oil, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 24, 2014