The Gloire à Dieu group is made up of five people who live in the same neighborhood. The representative of the group, whose name is Agnès, is the one whose hand is raised in the photo. Agnès is 41 years old and married to a man named Wilfred. The couple has three educated children, two of whom are in their care. Agnès lives with her husband and children, and she and her husband cover the various family expenses between them. Agnès left school at primary level. For the past three years she has been selling baby clothes and other items in a town in Benin. She gets her supplies in Benin. With a view to satisfying customer demand and in order to increase her turnover, Agnès is, together with the other members of the Gloire à Dieu group, requesting a second loan from Alidé. The first loan was repaid in full.
Le groupe GLOIRE A DIEU est formé de cinq personnes qui habitent le même quartier. La représentante du groupe nommée Agnès, est celle dont la main est levée sur la photo. Agnès est âgée de 41 ans et est mariée à un certain Wilfrid. Le couple a trois enfants scolarisés, dont deux sont à leur charge. Agnès vit ensemble avec son mari et ses enfants et assure ensemble avec son mari les diverses charges de la famille. Agnès a arrêté l'école au niveau primaire. Il y a trois ans que Agnès mène comme activité, la vente de layettes et divers autres produits dans une ville du Bénin. Agnès s'approvisionne au Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d'affaire, Agnès sollicite ensemble avec les autres membres du groupe GLOIRE A DIEU un deuxième crédit auprès de ALIDé. Le premier crédit reçu 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.