The group Bonne Nouvelle ("good news") is made up of three people living in the same neighbourhood. This is the third time they have requested financial assistance from Alidé to improve their business. The group's representative, Kossiwa, has her hand raised in the photo.
Kossiwa is 27 years old and lives in Benin. She did not go to school. She is married to a man named Bruno. The couple has one child to support, who goes to school. As well as their child, they look after three other children. Kossiwa lives with her husband and the children.
The couple together provide for the various needs of their family. Kossiwa supports the family by working as an itinerant vendor selling children's second-hand clothing. She buys her supplies at a market in Benin. In order to satisfy her customers and increase her turnover and revenue, Kossiwa is requesting a third loan from Alidé along with the other members of the group Bonne Nouvelle. The first two loans have been fully repaid.
Le groupe BONNE NOUVELLE est composé de trois personnes qui résident dans le même quartier. C'est la troisième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de kossiwa est celle qui a la main levée sur la photo. kossiwa est âgée de 27 ans et vit au Bénin. kossiwa n’a pas fréquenté l’école. kossiwa est mariée à un certain Bruno. Le couple a un enfant scolarisé et à leur charge. En plus de leur enfant, le couple a trois autres enfants à charge. kossiwa vit ensemble avec son mari et ses enfants. Le couple assure ensemble les divers besoins de la famille. Afin d'assurer les diverses charges de la famille, kossiwa vend depuis quinze environs des friperies pour enfants par le système de distribution et de manière ambulante. kossiwa s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, kossiwa sollicite ensemble avec les autres membres du groupe BONNE NOUVELLE, un troisième crédit auprès de ALIDé. Les deux premiers prêts ont été bien remboursés.
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.