GBEHIGBENAN 4 is a group composed of 16 people who all live in the same neighborhood. This is the first time that this group requests a loan from ALIDÉ, in order to increase their business. The group representative, Alice, is the one raising her hand on the picture. Alice is 53 and is married to a man named Nicolas. They have five children, some of whom go to school. One of them is still their dependent. Together they share the various family-related expenses. To do that, Alice has been selling corn and vegetal oil in a market in Benin. She buys those items in a region of Benin. In order to meet the needs of her customers as well as to increase her sales and her income, Alice along with the other members of the GBEHIGBENAN 4 group, is applying for this first loan from ALIDÉ.
Le groupement GBEHIGBENAN 4 est composé de seize personnes qui habitent le même quartier. C'est la première fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante de ce groupement, du nom de Alice est celle qui a la main levée sur la photo. Alice est âgée de 53 ans et est mariée à un certain Nicolas. Le couple a cinq enfants dont certains scolarisés et un reste à sa charge. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Alice mène comme activité depuis dix ans la vente de maïs et de l’huile végétale de façon ambulante dans un marché du Bénin. Alice s’approvisionne dans une région du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Alice sollicite ensemble avec les autres membres du groupement GBEHIGBENAN 4, un premier 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.