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Pélagie Geneviève's Group
In this Group: Pélagie Geneviève, Hélène, Cica Véronique
This group consists of three people who live in the same neighborhood. The representative of the group, named Pélagie Geneviève (the one who has her hand raised in the photo) is 49 years old. Pélagie Geneviève did not go to school. Pélagie Geneviève is married to Rodolphe. The couple has three children, all in school and under their care. Pélagie Geneviève lives with her husband and her children. The household responsibilities are taken care of by the couple. To do this, Pélagie Geneviève has been selling a variety of items (soap, oil, sugar etc.) and fabric through the distribution system for six years. Pélagie Geneviève gets her supplies in a market in Bénin. With the goal of strengthening her business, Pélagie Geneviève joined the other members of her group to request a first loan from ALIDé.
View original language description ↓
Ce groupe est composé de trois personnes qui résident dans le même quartier. La représente du groupe, nommée Pélagie Geneviève (celle qui a la main levée sur la photo) est âgée de 49 ans. Pélagie Geneviève n'a pas fréquenté l’école. Pélagie Geneviève est mariée à Rodolphe. Le couple a trois enfants, tous scolarisés et à leur charge. Pélagie Geneviève vit avec son mari et ses enfants. Les charges du ménage sont assumées par le couple. Pour ce faire, Pélagie Geneviève vend divers articles (savon, huile, sucre etc.) et des tissus par la méthode de distribution depuis six ans. Pélagie Geneviève s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, Pélagie Geneviève s’associe aux autres membres de son groupe pour solliciter un premier 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
  • 485.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Pélagie Geneviève's Group's $325 loan helped a member to buy a variety of items (soap, oil, sugar etc.) and fabric.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 25, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2014