The WANGNINAGBE group consists of 22 people who are friends from the same village. This is the second time that the group is requesting financial assistance from ALIDé in order to increase its activity level. Joulienne, raising her hand in the photo, is the facilitator of the group. She is 33 years old and lives in Benin. She never went to school. She is married to a driver named Antoine. Joulienne and Antoine have three children who all attend school and whom they financially support. The couple jointly takes care of the various household expenses. In order to contribute to these expenses, Joulienne has been selling fruits (bananas etc.) as well as processed palm nuts, in her own region, for eight years. Julienne buys her supplies in one of the regions of Benin. In order to meet her customers' needs, and to increase her turnover and income, she and the other members of the WANGNINAGBE group are requesting a second loan from ALIDé. The first loan was well repaid.
Le groupement WANGNINAGBE est composé de vingt deux personnes qui sont des amies et vivent dans le même village. C'est la deuxième fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante de ce groupement, du nom de Joulienne est celle qui a la main levée sur la photo. Joulienne est âgée de 33 ans et vit au Bénin. Joulienne n’a pas fréquenté l’école. Joulienne est mariée à un chauffeur du nom de Antoine. Le couple a trois enfants tous scolarisés et à leur charge. Le couple assure ensemble les diverses charges de la maison. Afin de contribuer aux diverses charges, Joulienne vend depuis huit ans, des fruits (bananes, etc..) et des noix de palme transformés dans sa région. Joulienne 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, Joulienne sollicite ensemble avec les autres membres du groupement WANGNINAGBE, un deuxième crédit auprès de ALIDé. Le premier prêt a été bien remboursé.
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.