The group GLOIRE DE DIEU (Glory of God) consists of three people who live in the same neighborhood. The group’s representative is Aimée, seen with her hand raised in the photo. Aimée, age 56, is married to a man named Alain. The couple have three children, two of them still in their care. All three children have received schooling. Aimée lives with her husband and children, and the couple handle the household responsibilities together. Aimée attended university.
In order to deal with the family expenses, Aimée started selling various products from her home seven years ago including fabrics, mobile phone recharge cards and plastic wares. She buys her merchandise at a market in Benin.
To meet the needs of a growing customer base and to increase her profits, Aimée is seeking a third loan from ALIDé together with the other members of the group GLOIRE DE DIEU. Past loans were repaid without incident.
LA GLOIRE DE DIEU est un groupe composé de trois personnes qui résident dans le même quartier. La représentante du groupe du nom de Aimée (dont la main est levée sur la photo), est âgé de 56 ans. Aimée est mariée à un certain Alain. Le couple a trois enfants mais seulement deux restent à leur charge. Tous les enfants sont scolarisés. Aimée vit ensemble avec les enfants et son mari et assure avec son mari les charges de la maison. Aimée a arrêté l’école au niveau universitaire. Pour faire face à ses différentes charges, Aimée mène comme activité la vente de produits divers et de tissus, des cartes de recharges téléphoniques et des plastiques à son domicile depuis sept ans. Aimée s’approvisionne dans un marché du Benin. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et de se faire plus de profit, Aimée sollicite, ensemble avec les autres membres du groupe LA GLOIRE DE DIEU, un troisième 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.