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Sohoueto Group
In this Group: Viviane, Anicette Chérita, Oboubé Estelle, Delphine, Marie Rose, Delphine, Léontine, Marcelle, Damienne, Sylvie, Jacqueline, Virginie, Adèle
SOHOUETO is a group of thirteen people who live in the same neighborhood. This is the group’s second time seeking financial assistance from ALIDé to bolster their activities.

The group’s representative is Viviane, seen with her hand raised in the photo. Viviane is 40 years old and lives in Benin. She is married to a driver named Severin and they have three dependent children, all in school. Viviane lives with her husband and children, and the couple handle the various household responsibilities together. To that end, she started selling biscuits wholesale as well as cosmetic products five years ago, from her home and through the distribution system. She buys her merchandise at a market of Benin.

To achieve customer satisfaction and to increase her sales and revenue, Viviane is seeking a second loan from ALIDé together with the other members of the group SOHOUETO. This first loan was correctly repaid.
Le groupement SOHOUETO est composé de treize personnes qui résident dans le même quartier. C'est la deuxième fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupement, du nom de Viviane est celle qui a la main levée sur la photo. Viviane est âgée de 40 ans et vit au Bénin. Viviane est mariée à un chauffeur du nom de Séverin. Le couple a trois enfants à leur charge, tous scolarisés. Viviane vit ensemble avec son mari et ses enfants. Le couple assure ensemble les divers besoins de la maison. Afin de répondre efficacement aux besoins de sa famille, Viviane vend depuis cinq ans des biscuits en gros et de façon secondaire des produits cosmétiques à son domicile ou par le système de distribution. Viviane s’approvisionne dans un marché du Benin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Viviane sollicite ensemble avec les autres membres du groupement SOHOUETO, un deuxième crédit auprès de ALIDé. 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
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
A portion of Sohoueto Group's $2,075 loan helped a member to buy biscuits and cosmetic products for resale.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 20, 2012
May 16, 2012
Currency Exchange Loss:
Jun 15, 2012