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Alogojesuton 6 Group
In this Group: Celine Ghislaine, Mahinou, Enerstine, Philomène, Gbèssito Béatrice, Félicité, Elisabeth, Angelle, Martine, Lucresse Joseline, Foumilayo, Amina, Sènadée, Léa Amehountoto, Alexandrine Léontine, Christinee, Julie, Houéfa Gisèle, Philomène Kuavi, Aminatou, Jeanne, Pauline
The Alogojesuton 6 group is made up of 22 people who live in the same region. The representative of this group, whose name is Celine Ghislaine, is the one with her hand raised in the photo. This group is requesting a second loan from Alidé so that they can expand their businesses and thus meet customer demand. Celine Ghislaine is 40 years old and lives in Benin. She is married to a man called Germain and the couple has five children in their care, some of whom are at school. Pauline and her husband live with their children. In order to be able to contribute to the family's various needs, Celine Ghislaine has been selling fabrics and soaps in her neighborhood for around six years. She gets her supplies in a market in Benin. In order to be able to boost their businesses and better satisfy customer demand, Celine Ghislaine and the other members of the Alogojesuton 6 group are requesting a second loan from Alidé. The first loan was repaid in full.
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Le groupement ALOGOJESUTON 6 est composé de vingt deux personnes qui habitent la même région. La représentante de ce groupement, du nom de Celine Ghislaine est celle ayant une main levée sur la photo. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite pour une seconde fois l'appui financier de ALIDé. Celine Ghislaine est âgée de 40 ans et vit au Bénin. Celine Ghislaine est mariée à un certain Germain. Le couple a cinq enfants, dont certains scolarisés et tous à leur charge. Celine Ghislaine et son mari vivent ensemble avec leurs enfants. Pour contribuer aux divers besoins de sa famille, Celine Ghislaine vend depuis six ans environs, des tissus et des savons dans son quartier. Celine Ghislaine s’approvisionne dans un marché du Bénin. Dans le but de renforcer leur activité et mieux satisfaire à la demande de leur clientèle, Celine Ghislaine et les autres membres du groupement ALOGOJESUTON 6 sollicitent un deuxième crédit auprès de ALIDé. Le premier prêt a été bien remboursé.

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.

Tags

About Benin

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 499.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Alogojesuton 6 Group's $4,900 loan helped a member to buy fabrics and soaps.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014