The GBEDOKPO 1 group is made up of 11 members who live in the same neighborhood. It is the second time that the group is requesting financial support from ALIDé. Grâce, the facilitator of the group, is raising her hand in the photo. She is 45 years old and married to a man named Ibrahim. The couple has three children who all attend school. Two of their children are their dependents. Grâce lives with her husband and children. The couple jointly takes care of the various household expenses. To this end, and for the past 25 years, Grâce has been selling various products such as tubers and charcoal, from her home. She stocks up at a market in Benin. She is requesting a second loan from ALIDé, along with the other members of the GBEDOKPO 1 group, in order to meet her customers' needs and increase her turnover and income. The first loan was well repaid.
Le groupement GBEDOKPO 1 est composé de onze membres qui habitent dans le même quartier. La représentante de ce groupement, du nom de Grâce est celle qui a la main levée sur la photo. C'est la deuxième fois que ce groupement sollicite l'aide financier de ALIDé. Grâce est âgée de 45 ans et est mariée à un certain Ibrahim. Le couple a trois enfants, tous scolarisés, dont deux sont à leur charge. Grâce vit ensemble avec son mari et ses enfants. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Grâce mène comme activité depuis vingt cinq ans la vente de produits divers, des tubercules et du charbon de bois à son domicile. Grâce s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Grâce sollicite ensemble avec les autres membres du groupement GBEDOKPO 1, un deuxième crédit auprès de ALIDé. le premier crédit 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.