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Tout Est Grace Group
In this Group: Sylviane Laurencia, Isabelle O., Véronique
TOUT EST GRACE Group is made up of three people who live in the same neighborhood. For the second time, the members of this group are seeking financial support from Kiva's partner, ALIDé, in order to bolster their businesses.

The group's representative is named Sylviane Laurencia. She's the one raising her hand in the photograph. She's 44 years old and married to one Achille. Together, they have three school-attending children whom they have to support.

To provide for herself and her children, Sylviane Laurencia has been selling vegetable oil through the distribution system for twenty years. She gets her supplies in a market in Benin.

Eager to satisfy her clientele and in order to increase her revenue and profit, Sylviane Laurencia, together with the other members of her group, is seeking a second loan from ALIDé. The first one was repaid without problems.
View original language description ↓
Le groupe TOUT EST GRACE est composé de trois personnes qui résident dans le même quartier. C'est la deuxième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupe, du nom de Sylviane Laurencia est celle qui a la main levée sur la photo. Sylviane Laurencia est âgée de 44 ans. Sylviane Laurencia est mariée à un certain Achille. Le couple a trois enfants, tous scolarisés et à leur charge. Pour subvenir à ses besoins et ceux de ses enfants, Sylviane Laurencia exerce comme activité la vente d'huile végétale depuis vingt ans par la méthode de distribution. Sylviane Laurencia s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Sylviane Laurencia sollicite, ensemble avec les autres membres du groupe TOUT EST GRACE, un deuxième crédit auprès de ALIDé. 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
  • 501.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tout Est Grace Group's $450 loan helped a member to buy vegetable oil.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Apr 11, 2013
May 8, 2013
Currency Exchange Loss:
Dec 17, 2013