Jesus Christ Group
Sènan Victorine, who is all the way in the back of the photograph with her hand slightly raised, is the group representative. This is the first time that the group is seeking the financial support of ALIDé, in order to expand their business. Sènan Victorine is 40 years old and married to a man named Grégoire. The couple has two children, both of whom have received schooling and live in their care. The couple lives with the children and covers the household expenses together.
Sènan Victorine did not attend school, but learned hairdressing instead. She has been a hairdresser for seven years now, and this business allows her to meet her various needs. Sènan Victorine also sells cosmetic products in her studio. She buys her products at a market in Benin.
Striving to be more and more competitive and better meet the demand of her customers, Sènan Victorine wants to obtain a loan from ALIDé, along with the other members of the JESUS CHRIST group.
About AlidéAlidé 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.
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Success!! The loan was 100% repaid