The group Grace de Dieu has three members who all live in the same area.
Belasire Sètondji, who has her hand raised in the photo, is the group's representative. She is 35 years old and lives in Bénin. She stopped school when she reached secondary level. Belasire Sètondji is married to a tailor called Arsène and has two children, who both attend school. The couple provide jointly for the needs of the household.
Belasire Sètondji has been selling dressmaking supplies for around ten years, along with drinks as a secondary business. She buys supplies in a town in Benin and sells her products locally. In order to satisfy her customers and increase her revenue, Belasire Sètondji is requesting this loan from Alidé along with the other members of the group.
Le groupe GRACE DE DIEU est composé de trois personnes qui résident dans la même zone géographique. La représentante du groupe, du nom de Belasire Sètondji est celle qui a la main levée sur la photo. Belasire Sètondji est âgée de 35 ans et vit au Bénin. Belasire Sètondji a arrêté l'école au cours secondaire. Belasire Sètondji est mariée à un couturier nommé Arsène et est mère de deux enfants, tous scolarisés. Le couple subvient ensemble aux divers besoins du ménage. Pour faire face à ses diverses charges, Belasire Sètondji vend depuis une dizaine d'année, des produits de mercerie et des boissons de façon secondaire. Belasire Sètondji s'approvisionne dans une ville du Bénin et vend ses produits dans sa région. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Belasire Sètondji sollicite ensemble avec les autres membres du groupe GRACE DE DIEU, 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.