The Nounagnon Adjadji Bata group comprises 17 people and its president (the woman with the raised hand in the photo) is named Jacqueline. The group members live in the same town in Benin and belong to the same association. With the goal of increasing their working capital, this group is seeking its first loan with ALIDÉ. Jacqueline is 36 years old and married to a tailor named Charles. The couple have three children. Jacqueline lives together with her husband and children. The couple provide for the household together. To meet her needs and provide for her children, Jacqueline has run a business selling escargot in her area for six years. Secondarily, she also prepares and sells 'akassa' (a local paste made from cornstarch) in her area. Jacqueline buys her products in Benin. This first loan will certainly allow her and the other members of the Nounagnon Adjadji Bata group to raise the level of their business and increase their clientele and income.
NOUNAGNON ADJADJI BATA est un groupement constitué de dix sept personnes et dont la présidente (celle qui a la main levée sur la photo) est nommée Jacqueline. Les membres du groupe résident dans le même village au Bénin et appartiennent à une même association. Dans le but d’augmenter leur fonds de roulement, ce groupement sollicite pour la première fois, un crédit auprès de ALIDé. Jacqueline est âgée de 36 ans et est mariée à un couturier du nom de Charles. Le couple a trois enfants. Jacqueline vit ensemble avec son mari et ses enfants. Le couple supporte ensemble les charges du ménage. Pour faire face à ses besoins et assurer les besoins de ses enfants, Jacqueline mène comme activité depuis six ans, la vente d'escargots dans sa zone. De façon secondaire, Jacqueline prépare de l'"akassa" (pâte locale faite à base d'amidon de maïs) qu'elle vend dans sa zone. Jacqueline achète ses produits au Bénin. Ce premier prêt permettra certainement à Jacqueline et aux autres membres du groupement NOUNAGNON ADJADJI BATA, 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.