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Houenoussou2 Group
In this Group: Yèyinou Hortance, Angèle, Félicienne, Tété Irène, Woulematou, Sidonie, Victorine, Véronique, Victoire, Sandrie, Pascaline
HOUENOUSSOU2 Group is made up of eleven persons who live in the same town and run complementary businesses. This is the second time that the members of the group are seeking financial support from Kiva's partner, ALIDé, in order to bolster their businesses.

The group's representative, named Yèyinou Hortance, is the one raising her hand in the photograph. She's 32 years old and married to a mechanic named Jeames.

They have five school-attending children to support, and they take care of the various household expenses.

For ten years, Yèyinou Hortance has been selling fabrics, shoes, and yams as a traveling saleswoman in one of Benin's market. This business enables her to provide for herself and her children.

She gets her supplies in one of Benin's market. Eager to satisfy her clientele and in order to increase her revenue and income, Yèyinou Hortance is seeking a second loan, together with the other members of the group. The first loan was repaid without problems.
View original language description ↓
Le groupement HOUENOUSSOU2 est composé de onze personnes qui habitent la même agglomération et mènent des activités complémentaires. C'est la deuxième fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupe, du nom de Yèyinou Hortance est celle qui a la main levée sur la photo. Yèyinou Hortance est âgée de 32 ans et est mariée à un mécanicien du nom de Jeames. Le couple a cinq enfants tous scolarisés et à leur charge. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Yèyinou Hortance mène comme activité depuis dix ans la vente de tissus, de chaussures et d’ignames de façon ambulante dans un marché du Bénin. Cette activité lui permet de subvenir à ses besoins et à ceux de ses enfants. Yèyinou Hortance s’approvisionne dans l’un des marchés du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Yèyinou Hortance sollicite ensemble avec les autres membres du groupe HOUENOUSSOU2, un deuxième crédit. Le premier prêt 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
  • 489.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Houenoussou2 Group's $2,425 loan helped a member to buy shoes, fabrics, and sacks of yams.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Nov 11, 2011
Dec 8, 2011
Currency Exchange Loss:
Oct 15, 2012