The WANYINAN group is made up of three people who are related. The group representative, named Alaba Josephine, has her hand raised in the photo. This is the fourth time the group is seeking ALIDé's financial assistance in order to grow their business. Alaba Josephine is married and the mother of three children, all in school. Alaba Josephine lives with her husband and children and covers, together with her husband, the various household expenses. Alaba Josephine did not go to school. For eight years, Alaba Josephine has been a seller of plastic goods, hair extensions and coolers in her neighbourhood. Alaba Josephine buys the products in Nigeria.
With the goal of better meeting her customers' needs and increasing her income, Alaba Josephine wishes to increase her stock of products. In order to achieve this, Alaba Josephine is seeking, together with the other members of the WANYINAN group, a fourth loan with ALIDé.
Le groupe WANYINAN est formé de trois personnes qui sont des parentés. La représentante de ce groupe, nommée Alaba Josephine, est celle dont la main est levée sur la photo. C’est la quatrième fois que ce groupe sollicite l’appui financier d’ALIDé en vue d’élever le niveau de leur activité. Alaba Josephine est mariée et est mère de trois enfants, tous scolarisés. Alaba Josephine vit ensemble avec son mari et ses enfants et assure ensemble avec son mari, les diverses charges de la maison. Alaba Josephine n'a pas fréquenté l'école. Il y a huit ans, Alaba Josephine mène comme activité la vente de plastiques, des mèches et des glacières dans son quartier. Alaba Josephine achète ses produits au Nigeria. Dans la quête d'une meilleure satisfaction de sa clientèle et pour accroître son revenu, Alaba Josephine désire augmenter son stock de produits. Pour ce faire, Alaba Josephine sollicite, ensemble avec les autres membres du groupe WANYINAN, un quatrième crédit auprès de ALIDé.
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.