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Fruits 2 Group
In this Group: Bernadette , Jeanne, Memedé Cécile
The Fruits 2 group is made up of three people who are friends living in the same area of Benin. The representative of the group is named Bernadette and she has her hand raised in the photo. This is the first time that this group has asked for financial support from Alide to help them raise the level of their business.

Bernadette is 35 years old and is married to Abel, a carpenter. The couple has three children, all of whom go to school and are under their care. Bernadette and her husband live with their children and together they are responsible for the various household expenses. Bernadette did not go to school.

For the last nine years, Bernadette has been selling prepaid phone cards, cassava flour, and other goods in a town in Benin. Bernadette procures her goods from a Benin market. This business allows her to take care of her family's needs without much difficulty. Because of her limited means, Bernadette can no longer meet the increasing demands of her customers.

For this reason and their limited resources, she and the other members of the Fruits 2 group are seeking a loan with Alide.
View original language description ↓
Le groupe FRUITS 2 est formé de trois personnes qui sont des amies résidant dans le même quartier au Bénin. La représentante de ce groupe, nommée Bernadette, est celle dont la main est levée sur la photo. C’est la première fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Bernadette est âgée de 35 ans et est mariée à Abel, un menuisier. Le couple a trois enfants, tous scolarisés et tous à leur charge. Bernadette et son mari vivent ensemble avec leurs enfants et assurent ensemble les diverses charges de la famille. Bernadette n’a pas fréquenté l'école. Depuis neuf ans, Bernadette vend des recharges téléphoniques, de la farine de manioc et divers autres produits dans une ville du Bénin. Bernadette s’approvisionne dans un marché du Bénin. Cette activité lui permet d'assurer les besoins de sa famille sans grande difficulté. La demande de sa clientèle devient de plus en plus grande et compte tenu de ses moyens limités, Bernadette n'arrive plus à bien répondre à leurs exigences. Eu égard à cela et compte tenu de leurs ressources limitées, Bernadette et les autres membres du groupe FRUITS 2 sollicitent ensemble 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
  • 492.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fruits 2 Group's $375 loan helped a member to buy prepaid phone cards, cassava flour, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2014