The group NONVITCHA is comprised of three persons who live in the same district in Benin. The group's representative, Jeanne, is the one in the photo with her hand raised. Having the goal of boosting their business, so as to cope better with the demands of their customers, the members of this group are requesting financial aid from ALIDé for the seventh time.
Jeanne never attended school. She is 54 years old and a widow with eleven children, some of whom are in school. Among the children, six are still supported by her. To help meet the needs of the family, Jeanne has been running a business for over thirty years selling charcoal and shrimp out of her home but also at a market in Benin. She gets her supplies of shrimp from lakes in Benin.
With the goal of bolstering their business and satisfying their customers further, Jeanne and the other members of the group NONVITCHA are requesting a seventh loan from ALIDé. Their ambition is to increase their level of business.
Le groupe NONVITCHA est composé de trois personnes qui vivent dans le même quartier au Bénin. La représentante de ce groupe, du nom de Jeanne est celle ayant une main levée sur la photo. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupe sollicite pour la septième fois l’appui financier de ALIDé. Jeanne n’a jamais fréquenté l’école. Jeanne est âgée de 54 ans et est une veuve. Jeanne a onze enfants, dont certains sont scolarisés. Parmi les enfants, six sont encore à la charge de Jeanne. Pour contribuer aux besoins de sa famille, Jeanne mène comme activité depuis plus de trente ans, la vente du charbon de bois et des crevettes à son domicile, mais aussi dans un marché du Bénin. Jeanne s’approvisionne en crevettes sur les lacs du Bénin. Dans le but de renforcer leur activité et de mieux satisfaire leur clientèle, Jeanne et les autres membres du groupe NONVITCHA sollicite un septième crédit auprès de ALIDé. Leur ambition est d’accroître le niveau de leur activité.
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.