The ALOHADOGBE group is made up of three people who live in the same area. The group's representative, named Estelle, is the one whose hand is raised in the photo. Estelle is 40 years old and is married to a retailer named Gilbert. The couple has three children, all in school and in their care. Estelle lives together with her husband and her children and sees to the family's various expenses together with her husband. Estelle did not attend school. Over fifteen years Estelle has run her business selling fried yams, bean fritters, and macaroni in a city in Benin. Estelle stocks up in a market in Benin. With the goal of satisfying her customers and increasing her turnover and revenue, Estelle is asking, together with the other members of the ALOHADOGBE group, for a fifth loan from Alidé. The loans received in the past were have been correctly repaid.
Le groupe ALOHADOGBE est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Estelle, est celle dont la main est levée sur la photo. Estelle est âgée de 40 ans et est mariée à un revendeur du nom de Gilbert. Le couple a trois enfants tous scolarisés et à leur charge. Estelle vit ensemble avec son mari et ses enfants et assure ensemble avec son mari les diverses charges de la famille. Estelle n’a pas fréquenté l'école. Il y a quinze ans que Estelle mène comme activité, la vente d’igname frit, de beignets de haricot et de macaroni dans une ville du Bénin. Estelle 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, Estelle sollicite ensemble avec les autres membres du groupe ALOHADOGBE, un cinquième crédit auprès de ALIDé. Les crédits reçus antérieurement ont été bien remboursés.
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.