La Volonte De Dieu Group
Micheline was born on April 4, 1976 in Bénin. She is married to a teacher named Christophe. The couple has three children, all enrolled in school, and living together with their parents.
Micheline stopped attending school at the secondary level. To support herself and her children, Micheline has been selling cloth, kitchen utensils and secondarily, jewelry for some thirty years. She buys her merchandise in a market in Bénin. This activity generates income that helps her cover the various family expenses. This second loan will certainly help Micheline and the other members of the group LA VOLONTE DE DIEU, to expand their businesses and grow their clientele and their revenue.
About AlidéAlidé 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.
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Success!! The loan was 100% repaid