The group ST. ANTOINE DE PADOU is made up of 12 members who all live in the same neighborhood in Bénin. The representative of the group, Zinsi Pauline, is the one with her hand raised in the photo. Zinsi Pauline is 37 years old and lives in Bénin. She is married to a salesman by the name of Etienne. The couple has two children, both of whom attend school, in their care. Zinsi Pauline and her husband live with their children. Zinsi Pauline had very little schooling. To meet her needs and those of her children, Zinsi Pauline has been in the business of selling fabric at the market in Bénin for about 12 years. Along with this work, which brings in comparable profits, she also sells various products such as jams, sauces, etc. She buys her products in Bénin. This is the first time that Zinsi Pauline and the other members of the group ST. ANTOINE DE PADOU have requested a loan through ALIDé. This loan will allow them build up their businesses so that they can better meet customer demand.
Le groupement ST ANTOINE DE PADOU est composé de treize personnes qui habitent toutes dans le même quartier au Bénin. La représentante de ce groupe, nommée Zinsi Pauline est celle dont la main est levée sur la photo. Zinsi Pauline est âgée de 37 ans, et vit au Bénin. Zinsi Pauline est mariée à un revendeur du nom de Etienne. Le couple a deux enfants, tous scolarisés et à leur charge. Zinsi Pauline et son mari vivent ensemble avec leurs enfants. Zinsi Pauline a très peu fréquenté l'école. Pour subvenir à ses besoins et à ceux de sa famille, Zinsi Pauline mène comme activité depuis une dizaine d'année, la vente de tissus dans un marché du Bénin. Parallèlement à cette activité qui lui procure des revenus non moins considérables, Zinsi Pauline vend également divers produits (conserves, condiments de sauce, etc.). Zinsi Pauline achète ses produits au Bénin. C’est la première fois que Zinsi Pauline et les autres membres du groupe ST ANTOINE DE PADOU sollicitent un crédit auprès de ALIDé. Ce crédit leur permettra de renforcer leur activité afin de mieux répondre à la demande de leur clientèle.
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.