Check out some available loans that are similar to this one!
Ayidote 7 Group
In this Group: Germaine Akoua, Appoline, Akominassi Jeannette
The AYIDOTE 7 group consists of three friends who belong to the same savings group. This is the group’s 4th time seeking financial support from ALIDé to bolster their activities. The group’s representative is Germaine Akoua, seen in the photo with her hand raised. Germaine Akoua is 50 years old and she lives in Bénin. She is married to a cook named Samuel. They have six children, and some of them go to school.

Germaine Akoua never went to school, but she did learn to sew. As a sideline to this activity that allows her to support herself and her children, Germaine Akoua also sells sewing notions and palm oil from her home. She has been doing this for 18 years. She buys her stock in a city of Bénin.

To achieve customer satisfaction, and to bolster her sales and revenue, Germaine Akoua is seeking a 4th loan from ALIDé together with the other members of the AYIDOTE 7 group. All three past loans were correctly repaid.
Le groupe AYIDOTE 7 est composé de trois personnes qui sont des amies et appartiennent à un même groupe de tontine. C'est la quatrième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupe, du nom de Germaine Akoua est celle qui a la main levée sur la photo. Germaine Akoua est âgée de 50 ans et vit au Bénin. Germaine Akoua est mariée à un cuisinier du nom de Samuel. Le couple a six enfants dont certains sont scolarisés. Germaine Akoua n'a pas fréquenté l'école, mais a appris la couture. A côté de cette activité qui lui permet de subvenir à ses besoins et d’assurer les besoins de ses enfants, Germaine Akoua vend depuis dix huit ans des fournitures de coutures et de l'huile de palme à son domicile. Germaine Akoua s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Germaine Akoua sollicite, ensemble avec les autres membres du groupe AYIDOTE 7, un quatrième crédit. Les crédits précédents 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
  • 496.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayidote 7 Group's $775 loan helped a member to buy sewing notions and palm oil.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2014