VIWANOU is a three-person group whose members all live in the same neighborhood in Kpakpakanmey, in Cotonou. Suzanne, the group’s representative (whose hand is raised in the photo), was born in 1968. She is married to Valentin. The couple has seven children, four of whom they support financially. All of the children are in school. Suzanne lives with her husband and children in Kpakpakanmey. The family moved into this neighborhood nearly 11 years ago. Together, the couple provides for the family’s various expenses. Suzanne has been selling firewood in Cotonou for eight years, which enables her to support herself. She gets her supplies in Bohicon, in the Zou department of Benin. She is a longstanding ALIDé client who has fully repaid previous loans. Her goal is to expand her business and to satisfy customer demand. Suzanne has gone into partnership with two other members in order to obtain another loan.
VIWANOU est un groupe de trois personnes, dont les membres vivent toutes dans le même quartier à Kpakpakanmey à Cotonou. La représentante du groupe Suzanne Fassi (qui a la main levée sur la photo) est née en 1968. Suzanne Fassi est mariée à Valentin. Le couple a sept enfants, tous scolarisés, dont quatre à leur charge. Suzanne Fassi vit ensemble avec ses enfants et son mari à Kpakpakanmey. Il y a près de onze ans que la famille s'est installée dans ce quartier. Le couple assure ensemble les diverses charges familiales. Suzanne Fassi vend depuis huit ans des bois de chauffage à Cotonou, ce qui lui permet de se prendre en charge. Suzanne Fassi s'approvisionne à Bohicon, dans le département du Zou au Bénin. C'est une ancienne cliente de ALIDé, qui a bien remboursé les crédits antérieurs. Dans le but de renforcer son activité et de satisfaire la demande de sa clientèle, Suzanne Fassi s’est associée avec deux autres membres en vue de l’obtention d’un autre crédit.
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.