Lumiere De Dieu Group
Sohè Frédéric is married to a retailer named Célestine. The couple has five dependent children who all go to school. In addition to their own children, the couple has another child under their supervision. Sohè Frédéric lives with his wife and children. Together, the couple takes care of the family expenses.
Sohè Frédéric stopped going to school after elementary school and learned how to sew. For close to 14 years, Sohè Frédéric has been sewing in his studio in Benin in order to contribute to the various needs of his family. With the goal of buying a new sewing machine so that he can be more competitive on the market, Sohè Frédéric and the other members of the LUMIERE DE DIEU group would ALIDé to grant them another loan. Their two previous loans were reimbursed.
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.
0View loans »
Success!! The loan was 100% repaid