The Nougbognon 1 group is made up of three people who have the same religious beliefs. The representative of this group, whose name is Jeanne Oueke Françoise, is the lady who is raising her hand in the photo. It is the third time that this group has requested financial aid from Alidé and they are doing so in order to increase their business volume. Jeanne Oueke Françoise is married to Yves, a teacher, and has four children, all of whom are studying and two of whom are in her care. She and her husband cover the various family expenses together. Jeanne Oueke Françoise left school at secondary level and then learnt dressmaking. She has been exercising this activity in her neighborhood for almost nine years. She also sells haberdashery products as a secondary activity, which allows her to provide her family's needs without any problem. Customer demand is becoming more and more significant, and in view of her limited means, Jeanne Oueke Françoise is no longer able to meet this demand. In view of this and their limited means, she and the other members of the Nougbognon 1 group are together requesting a loan from Alidé.
Le groupe NOUGBOGNON 1 est formé de trois personnes qui ont la même croyance religieuse. La représentante de ce groupe, nommée Jeanne Oueke Françoise, est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Jeanne Oueke Françoise est mariée à Yves, un enseignant et a quatre enfants, tous scolarisés, dont deux à sa charge. Jeanne Oueke Françoise et son mari supportent ensemble les diverses charges de la famille. Jeanne Oueke Françoise a arrêté l'école au cours secondaire et a appris ensuite la couture. Il y a près de neuf ans que Jeanne Oueke Françoise exerce cette activité dans son quartier. De façon secondaire, Jeanne Oueke Françoise vend également des produits de mercerie ; ce qui lui permet d'assurer les besoins de sa famille sans grande difficulté. La demande de sa clientèle devient de plus en plus grande et compte tenu de ses moyens limités, Jeanne Oueke Françoise n'arrive plus à bien répondre à leurs exigences. Eu égard à cela et compte tenu de leurs ressources limitées, Jeanne Oueke Françoise et les autres membres du groupe NOUGBOGNON 1 sollicitent ensemble un crédit auprès de ALIDé.
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.