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Café Des Arts Group
In this Group: Ablawa Carine , Herriette, Opportune, Cathérine
Cafe Des Arts is a group made up of four people, who all live in the same area. The representative of the group, Ablawa Carine (whose hand is raised in the photo), is 33 years old. Ablawa Carine attended school through the secondary level. She is single and has one child, who goes to school and is under her care. Ablawa Carine takes care of the household expenses.

To meet these needs, Ablawa Carine has been selling food and drinks from her home for six years. She procures her goods from a market in Benin. In order to strengthen her business, Ablawa Carine joined the other members in the Cafe Des Arts group to seek their first loan with Alide.
View original language description ↓
CAFÉ DES ARTS est un groupe composé de quatre personnes qui résident dans le même quartier. La représentante du groupe, nommée Ablawa Carine (celle qui a la main levée sur la photo) est âgée de 33 ans. Ablawa Carine a fréquenté l’école jusqu'au niveau secondaire. Ablawa Carine est célibataire avec un enfant, scolarisé et à sa charge. Les charges de ménage, sont supportées par Ablawa Carine. Pour faire face à ses responsabilités Ablawa Carine vend des vivres et des boissons à son domicile depuis six ans. Ablawa Carine s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, Ablawa Carine s’associe aux autres membres du groupe CAFÉ DES ARTS 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.

Tags

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Café Des Arts Group's $400 loan helped a member to buy food and drinks.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2013
Listed
Oct 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2014