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Ayissogbe Group
In this Group: Colette, Madeleine, Romaine
The AYISSOGBE group is made up of three women who are friends and belong to the same savings group.

The group's representative, Colette, is raising her hand in the photo. She is 33 years old, married to man named Martin, and the mother of five children, all in school and her dependents. Colette never attended school. She and Martin live together with their children and jointly take care of the various needs of the household.

For the past twenty years or so, Colette has been selling "galettes" (flat round cakes made with wheat and vegetable oil) from her home. She buys her supplies in her region and in a town in Benin.

In order to raise the level of her activity, Colette would like to increase her sales quantities. This will allow her to better meet the demand from her customers.

For this reason, Colette is requesting a sixth loan from ALIDé, along with the other members of the AYISSOGBE group. Previous loans have been duly repaid.
View original language description ↓
Le groupe AYISSOGBE est formé de trois personnes qui sont des amies appartenant à un même groupe de tontine. La représentante de ce groupe, Colette, celle dont la main est levée sur la photo est âgée de 33 ans. Colette est mariée à un certain Martin et a cinq enfants, tous scolarisés et à sa charge. Colette n’a pas fréquenté l'école. Le couple vit ensemble avec les enfants et assure ensemble les divers besoins du ménage. Colette vend des galettes (faite à base du blé et de l'huile végétale) à son domicile. Il y a environs vingt ans que Colette exerce cette activité. Colette s’approvisionne dans sa région et dans une ville du Bénin. En vue de rehausser le niveau de son activité, Colette ambitionne agrandir son stock de vente ; ce qui lui permettra de mieux répondre aux exigences de sa clientèle. Pour ce faire, Colette sollicite ensemble avec les autres membres du groupe AYISSOGBE, un sixième crédit auprès de ALIDé. Les crédits précédemment reçus ont été bien remboursés.

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
  • 504.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayissogbe Group's $1,100 loan helped a member to buy wheat and vegetable oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 17, 2012
Sep 17, 2012
Currency Exchange Loss:
Sep 26, 2013