The “Afepeb Gbegamey” group is composed of 14 members who know each other frpm living in the same neighborhood in Benin. The group’s representative, by the name of Clémence Suzanne, is the one raising her hand in the photo. With the goal of expanding their business activities and better meeting demand, the group is seeking a financing from ALIDé. Clémence Suzanne is married to Augustin, an electrician, and has three children, all of whom are in school. The spouses jointly provide for various family needs. Clémence Suzanne lives together with her husband and children. She never went to school. In order to provide for herself and her family, for about the last 15 years Clémence Suzanne has been selling corn porridge as well as wheat flour by cakes out of her home. Clémence Suzanne stocks up in Benin. In order to bolster her business and better meet her customers’ needs, Clémence Suzanne, together with other members of the “Afepeb Gbegamey” group, is seeking a loan from ALIDé. They goal is to expand their business activities.
Le groupement AFEPEB GBEGAMEY est composé de quatorze membres qui se connaissent parce qu’elles habitent dans le même quartier au Bénin. La représentante de ce groupement, du nom de Clémence Suzanne, est celle ayant une main levée sur la photo. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite l'appui financier de ALIDé. Clémence Suzanne est mariée à un électricien nommé Augustin et a trois enfants, tous scolarisés. Le couple assure ensemble les diverses charges familiales. Clémence Suzanne vit ensemble avec ses enfants et son mari. Clémence Suzanne n’est jamais allée à l’école. Pour subvenir à ses besoins et à ceux de sa famille, Clémence Suzanne mène comme activité depuis quinze ans environs, la vente de bouillie de maïs accompagné de gâteaux (faits à base de farine de blé) à son domicile. Clémence Suzanne s'approvisionne au Bénin. Dans le but de renforcer son activité et de mieux satisfaire sa clientèle, Clémence Suzanne sollicite, ensemble avec les autres membres du groupement AFEPEB GBEGAMEY, un crédit auprès de ALIDé. Leur ambition est d’accroître le niveau de leur activité.
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.