The Nouwagnon group is composed of 3 people who all live in the same district of Benin. Odette, the group's representative, is the one with her hand raised in the picture. The group is requesting ALIDé's financial support for the 6th time, in order to increase their level of business and be better able to respond to customer demand.
Odette did not go to school. She is 35 years old and married to Norbert. The couple have 5 dependent children who all go to school. The couple both contribute to the family's various expenses. Odette has been selling cereals (corn, beans) and vegetable oil in her district for 12 years, so that she is able to contribute to her family's needs. She gets her supplies in a region of Benin.
Odette and the other members of the Nouwagnon group are requesting a 6th loan from ALIDé in order to strengthen their businesses and better satisfy their customers. Their aim is to increase their level of business.
Le groupe NOUWAGNON est composé de trois personnes qui vivent dans le même quartier au Bénin. La représentante de ce groupe, du nom de Odette 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 sixième fois l’appui financier de ALIDé. Odette n’a jamais fréquenté l’école. Odette est âgée de 35 ans et est mariée à un certain Norbert. Le couple a cinq enfants, tous scolarisés et à leur charge. Le couple assure ensemble les diverses charges de la famille. Pour contribuer aux besoins de sa famille, Odette mène comme activité depuis douze ans, la vente de céréales (maïs, haricot) et parallèlement, la vente de l'huile végétale dans son quartier. Odette achète ses produits dans une région du Bénin. Dans le but de renforcer leur activité et de mieux satisfaire leur clientèle, Odette et les autres membres du groupe NOUWAGNON sollicitent un sixième 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.