The group La Grâce de Dieu [Grace of God] is made up of three people, all living in the same neighborhood in Benin. The group’s representative, Josephine Ablawa, is raising her hand in the photo. This is the first time the group has requested financial support from Alidé in order to build their business. Josephine Ablawa was born on March 20th, 1973, in Benin, and is married to a driver named Gaspard. The couple has five children, all in school, three of which are still in their care. Josephine Ablawa lives together with her family. She attended school, but stopped at the secondary level. For about six years, she has been working selling various products (canned goods, soaps, cassava root flour, etc.) in her neighborhood. This business enables her to provide for her children without too much difficulty. She buys her supplies in one of Benin’s markets. Her customer base is expanding, and she wants to grow her business in order to better meet the demand. To do so, and because she doesn’t have the financial resources to make her dream a reality, Josephine Ablawa has come to Alidé - along with the other members of the group La Grâce de Dieu - to request their first loan.
Le groupe LA GRÂCE DE DIEU est formé de trois personnes qui résident dans le même quartier au Bénin. La représentante de ce groupe, nommée Josephine Ablawa, est celle dont la main est levée sur la photo. C’est la première fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Josephine Ablawa est née le 20 Mars 1973 au Bénin et est mariée à un chauffeur du nom de Gaspard. Le couple a cinq enfants, tous scolarisés, dont trois sont à leur charge. Josephine Ablawa et sa famille habitent ensemble. Josephine Ablawa a fréquenté l’école et s’est arrêté au cours secondaire. Il y a environs six ans que Josephine Ablawa mène comme activité la vente de produits divers (conserves, savons, farine de manioc, etc.) dans son quartier ; ce qui lui permet de subvenir sans grande difficulté aux besoins de ses enfants. Josephine Ablawa s'approvisionne dans l'un des marchés du Bénin. La clientèle de Josephine Ablawa devient de plus en plus grande, et Josephine Ablawa voudrait renforcer davantage son activité afin de mieux répondre à leurs exigences. Pour ce faire, et ne disposant pas suffisamment de moyens financiers pouvant lui permettre de réaliser son rêve, Josephine Ablawa et les autres membres du groupe LA GRÂCE DE DIEU se sont rapprochés de AILDé, en vue d’un premier 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.