The Enagnon 1 group is made up of three people who are from the same family. The representative of the group, whose name is Akouavi Amandine Aimée, is the one with her hand raised in the photo. It is the fourth time that this group has requested financial aid from Alidé, with a view to increasing their business volume. Akouavi Amandine Aimée is 37 years old and single with no children. She covers her various expenses herself. She did not go to school and for the past ten years or so she has been selling fabrics and haberdashery products. She gets her supplies in a Benin market. With a view to responding better to customer demand, Akouavi Amandine Aimée would like to boost her activity. In order to do this she is, together with the other members of the Enagnon 1 group, requesting a fourth loan from Alidé. The previous loans were repaid in full.
Le groupe ENAGNON 1 est formé de trois personnes qui sont membres d’une même famille. La représentante de ce groupe, nommée Akouavi Amandine Aimée, est celle dont la main est levée sur la photo. C’est la quatrième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Akouavi Amandine Aimée est âgée de 37 ans. Akouavi Amandine Aimée est célibataire et n'a pas d'enfant. Akouavi Amandine Aimée assure seule ses différentes charges. Akouavi Amandine Aimée n’a pas fréquenté l’école. Depuis une dizaine d’année, Akouavi Amandine Aimée exerce comme activité, la vente de tissus et des articles de mercerie. Akouavi Amandine Aimée s’approvisionne dans un marché du Bénin. Dans le souci de mieux répondre aux exigences de sa clientèle, Akouavi Amandine Aimée désire renforcer son activité. Pour ce faire, Akouavi Amandine Aimée sollicite, ensemble avec les autres membres du groupe ENAGNON 1, un quatrième crédit auprès de ALIDé. Les crédits précédents 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.