The Aïdote group comprises thirteen people who live in the same area. This is the third time this group is seeking financial support from ALIDÉ, in order to raise the level of their business. The group representative, named Sophie, is the woman whose hand is raised in the photo. Sophie is 28 years old. She is married to a driver named Paul. The couple have two children, both of whom are in their care and attend school. Sophie did not attend school. To provide for herself, for the past four years Sophie has sold manioc flour, peanuts, and sometimes bread as well, both at her home and through the distribution system. Sophie gets her supplies in a city in Benin. With the goal of satisfying her customers and increasing her sales volume and income, Sophie is seeking a third loan with ALIDÉ, along with the other members of the Aïdote group. The previous loans were repaid properly.
Le groupement AÏDOTE est composé de treize personnes qui résident dans le même quartier. C'est la troisième fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupement, du nom de Sophie est celle qui a la main levée sur la photo. Sophie est âgée de 28 ans. Sophie est mariée à un chauffeur du nom de Paul. Le couple a deux enfants, tous scolarisés et à leur charge. Sophie n’a pas fréquenté l’école. Pour subvenir à ses besoins, Sophie vend de la farine de manioc, de l’arachide et de façon secondaire du pain à son domicile mais aussi par le système de distribution depuis quatre ans. Sophie s’approvisionne dans une ville du Benin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Sophie sollicite, ensemble avec les autres membres du groupement AÏDOTE, 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.