The group Gnonnamahouton is made up of three people who all come from the same group of artisans. The representative of the group, Sèdohouè Etienne, is the one with his hand raised in the photo. This is the third time that the group has applied for financial support from ALIDé in order to raise their level of business. Sèdohouè Etienne is married to a merchant whose name is Félicienne. The couple has five children, all of whom are in school and in the care of their parents. Besides their own children, the couple has another child in their care. Sèdohouè Etienne lives together with his wife and children, and provides for the diverse needs of his family along with his wife. Sèdohouè Etienne left school at the primary level and learned masonry, an occupation he has held for some twelve years. With the goals of a more highly satisfied customer base and revenue growth, Sèdohouè Etienne would like to acquire metal molds. To do this, Sèdohouè Etienne is requesting, along with the other members of the Gnonnamahouton group, a third loan from ALIDé. The first two loans were paid back in full.
Le groupe GNONNAMAHOUTON est formé de trois personnes qui appartiennent à un même groupe d'artisans. Le représentant de ce groupe, nommé Sèdohouè Etienne, est celui dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier d’ALIDé en vue d’élever le niveau de leur activité. Sèdohouè Etienne est marié à une marchande du nom de Félicienne. Le couple a cinq enfants, dont certains scolarisés et tous à leur charge. En dehors de leurs enfants, le couple a un autre enfant à leur charge. Sèdohouè Etienne vit ensemble avec sa femme et ses enfants et assure ensemble avec sa femme, les diverses charges de la famille. Sèdohouè Etienne a arrêté l'école au cours primaire et a appris la maçonnerie, activité qu'il exerce depuis une dizaine d'année. Dans la quête d'une meilleure satisfaction de sa clientèle et pour accroître son revenu, Sèdohouè Etienne désire acquérir des moules métalliques. Pour ce faire, Sèdohouè Etienne sollicite, ensemble avec les autres membres du groupe GNONNAMAHOUTON, un troisième crédit auprès de ALIDé. Les deux premiers crédits 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.