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Julienne's Group
In this Group: Julienne, Yetondei, Marie, Gomoussi
This group is comprised of four women who have all been friends and neighbors for many years, some even since their birth.

Giulia, the representative of the group, is 40 years old and married to a farmer named Barthélemy. For the past 25 years, she has bought corn and palm nuts in her city's marketplace to be processed.

With the corn, she makes Akassa (a very popular paste in Benin), and she produces oil from palm nuts. She sells these products at her home and her stall is well known for its warm welcome.

With this new loan, which is her eighth, having repaid all the others without problems, she plans to develop her business by buying more supplies and meeting the needs of her loyal customers by purchasing fish and gari (cassava flour).

The profits generated will enable her to develop her savings and one day buy her own plot of land.
View original language description ↓
Ce groupe est composé 4 femmes qui sont toutes amies et voisines depuis de nombreuses années, certaines mêmes depuis leur naissance.

La représentant du groupe, Julienne, a 40 ans et est marié avec Barthélemy un cultivateur.
Depuis 25 ans, elle achète du maïs et des noix de palme au marché de sa ville pour les transformer
Avec le maïs, elle fait de l'Akassa (une pâte très populaire au Bénin), et elle produit de l'huile de palme à partir des noix.
Elle revend ces produits à son domicile et son stand est connu pour son bon accueil.
Avec ce nouveau prêt, elle en est a son 8ème, les autres ayant étaient tous remboursés sans problème, elle compte développer son activité en achetant plus de provisions et répondre à la demande de sa fidèle clientèle en se procurant des poissons et du gari (farine de manioc).

Les bénéfices générés lui permettront de développer son épargne pour, un jour, acheter sa propre parcelle.

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
  • 494.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Julienne's Group's $1,175 loan helped a member buy corn and palm nuts to make Akassa and palm oil.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014