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Yemalin Femi 6 Group
In this Group: Thérèse, Dédé Ahouéfa Christelle, Heleine, Perpéture Dédégan J., Flrorence, Nadège Maryse, B. Heleine, Marthe, Eugénie, Heloise, Yvette, Sidonie, Micheline, Carole, Sossi Henriette, Erda Sènami, Albertine Medenou
The YEMALIN FEMI 6 group comprises seventeen members. It is the third time that this group is requesting financial support from ALIDé in order to raise its level of activity.

Thérèse, the group's representative, is the woman wearing a purple outfit, second from the left in the front row, next to another woman dressed in yellow. She is 47 years old and lives in Benin. She never attended school. She is a widow and the mother of two children who both go to school and are her dependents. She lives with her children.

In order to cover the household's various expenses, Thérèse has been selling palm oil and food products, from her home, for the past five years. She buys her merchandise from a market located in Benin.

In order to satisfy the needs of her customers, and to increase her turnover and income, she is requesting a third loan from ALIDé, along with the other members of the YEMALIN FEMI 6 group.
View original language description ↓
Le groupement YEMALIN FEMI 6 est composé de dix sept personnes. C'est la troisième fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupement, du nom de Thérèse est celle s'est habillé en tissus de couleur violette et qui se trouve devant (sur la première ligne) et en deuxième position, juste à côté de celle ayant porté une robe jaune. Thérèse est âgée de 47 ans et vit au Bénin. Thérèse n’a pas fréquenté l’école. Thérèse est une veuve et mère de deux enfants, tous scolarisés et à sa charge. Thérèse vit ensemble avec ses enfants. Afin de contribuer aux diverses charges de la famille, Thérèse exerce depuis cinq ans, la vente d'huile de palme et de produits vivriers à son domicile. Thérèse s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Thérèse sollicite ensemble avec les autres membres du groupement YEMALIN FEMI 6, un troisième 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

  • $1,500
    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 Yemalin Femi 6 Group's $4,100 loan helped a member to buy food products and palm oil.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014