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Alodoalome Group
In this Group: Sonagnon Angelbert, Judith, Agnès
Alodoalome is a group made up of three people who live in the same village. The representative of the group, named Sonagnon Angelbert (pictured with his hand raised in the photo) is 36 years old. Sonagnon Angelbert is married to a reseller named Joséphine. The couple has two children, both of whom attend school and are in their care. In addition to their own children, the couple also has another child in their care. Sonagnon Angelbert lives with his wife and children, and together the couple provides for the needs of the household.

In order to provide for his family, Sonagnon Angelbert has been in the business of raising chicks and reselling them in his region for three years. He stocks up within his region. In order to grow his business, Sonagnon Angelbert, together with the other members of the Alodoalome group, are requesting their second loan from ALIDé. Their first loan has been fully repaid.
View original language description ↓
ALODOALOME est un groupe composé de trois personnes qui résident dans le même village. Le représentant du groupe, nommé Sonagnon Angelbert (celui qui a la main levée sur la photo) est âgé de 36 ans. Sonagnon Angelbert est marié à une revendeuse du nom de Joséphine. Le couple a deux enfants, tous scolarisés et à sa charge. En dehors de ses enfants, le couple a un autre enfant à sa charge. Sonagnon Angelbert vit avec sa femme et ses enfants. Les charges de la maison sont supportées par le couple. Pour subvenir aux besoins de sa famille, Sonagnon Angelbert fait l'élevage des coquelets depuis trois ans dans sa région, et les revend. Sonagnon Angelbert s'approvisionne dans sa région. Dans le but de développer son activité, Sonagnon Angelbert s’associe aux autres membres du groupe ALODOALOME pour solliciter un deuxième crédit auprès de ALIDé. Le crédit antérieur a été bien remboursé.

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
  • 480.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Alodoalome Group's $400 loan helped a member to purchase feed and chicks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 25, 2014