OGNATAN is a group composed of 2 friends who 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, Félicienne, is the one raising her hand on the picture. Félicienne is 36 and lives in Benin. She quit school at the primary level. Félicienne is married to a man named Diallo. They have one dependent child, who goes to school. Félicienne lives with her husband and her child. In order to meet the financial needs of her family, Félicienne has been selling miscellaneous items (canned food, etc.) in a shop in Benin. Félicienne buys those items in a market in Benin. In order to meet the needs of her customers as well as to increase her sales and her income, Félicienne, along with the other members of OGNATAN, is applying for this first loan from ALIDÉ.
Le groupe OGNATAN est composé de deux personnes qui sont des amies et qui habitent le même quartier. C'est la première 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 Félicienne est celle qui a la main levée sur la photo. Félicienne est âgé de 36 ans et vit au Bénin. Félicienne a arrêté l’école au niveau primaire. Félicienne est mariée à un certain Diallo. Le couple a un enfant scolarisé et à leur charge. Félicienne vit ensemble avec son mari et ses enfants. Afin d'assurer les diverses charges de la famille, Félicienne vend depuis six ans, divers produits (conserves, etc.) dans une boutique au Bénin. Félicienne 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, Félicienne sollicite ensemble avec les autres membres du groupe OGNATAN, 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.