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Eternel Group
In this Group: Antoinette, Hounsi Félicienne, Agbalé Denise
The ETERNEL group has three members who all live in the same neighborhood. The group's representative, Antoinette (who is raising her hand in the photo), is 46 years old and married to Anatole. The couple have four children. Some of their children attend school and all of them are still in their care. Antoinette lives together with her husband and children. The couple jointly cover their household expenses. Antoinette herself did not attend school.

Antoinette has been selling fruit, 'akassa' (made from cornstarch) and local drinks from her home for a long time. She stocks up at a market in Benin. This is the second time that Antoinette and the other members of the ETERNEL group have requested a loan from ALIDé in order to strengthen their working capital, strengthen their businesses and better respond to their customer demand. Their first loan was repaid correctly.
View original language description ↓
ETERNEL est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Antoinette (dont la main est levée sur la photo), est âgée de 46 ans et est mariée à un certain Anatole. Le couple a quatre enfants, dont certains sont scolarisés et tous à leur charge. Antoinette vit ensemble avec son mari et ses enfants. Le couple assure ensemble les différentes charges de la maison. Antoinette n’a pas fréquenté l'école. Il y a longtemps que Antoinette vend des fruits, de l'"akassa" (préparé à base d'amidon de maïs), et de la boisson locale à son domicile. Antoinette s’approvisionne dans un marché du Bénin. C’est la deuxième fois que Antoinette et les autres membres du groupe ETERNEL sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Le premier crédit 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
  • 522.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Eternel Group's $450 loan helped a member to buy corn, vegetable oil and local drinks.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 16, 2012
Jun 16, 2012
Currency Exchange Loss:
Dec 15, 2012