The Dagbegnikin 2 group comprises 19 people and its president (with the raised hand in the photo) is named Bernadette. The group members live in the same area in Benin. With the goal of increasing their working capital, this group is seeking its first loan through ALIDÉ. Bernadette is 41 years old and married to a carpenter named Marcellin. The couple have three children, all of whom are in their care and attend school. Bernadette and her husband provide for the family together. For about six years, Bernadette has run a business selling fruit and cereals at her house and also through the local distribution system. She gets her products in Benin. This first loan will certainly allow Bernadette and her group Dagbegnikin 2 to raise the level of their business and increase their clientele and income.
DAGBEGNIKIN 2 est un groupement constitué de dix neuf personnes et dont la présidente (celle qui a la main levée sur la photo) est nommée Bernadette. Les membres du groupe résident dans le même quartier au Bénin. Dans le but d’augmenter leur fonds de roulement, ce groupement sollicite pour la première fois, un crédit auprès de ALIDé. Bernadette est âgée de 41 ans et est mariée à un menuisier du nom de Marcellin. Le couple a trois enfants, tous scolarisés et à leur charge. Les charges de la famille sont supportées à la fois par le mari et par Bernadette. Il y a environs six ans, Bernadette mène comme activité la vente de fruits et des céréales à son domicile mais aussi par le système de distribution. Bernadette achète ses produits au Bénin. Ce premier prêt permettra certainement à Bernadette et à son groupement DAGBEGNIKIN 2, de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.
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.