The DIEU EST GRAND 9 group is composed of three people who are friends and who live in the same area. This is the first time the group is seeking ALIDé's financial help in order to grow their business. The group representative, by the name of Annick Dohoué, has her hand raised in the photo. Annick Dohoué is 46 years old and left school at the secondary level. She is married to a man named Pierre. They have five children, some of whom attend school - they all live at home, in a family together.
In order to cover the family's various living expenses, Annick Dohoué has for the last ten years sold various articles (palm oil, vegetable oil etc) and condiments from her home. Annick Dohoué buys her goods in an area of Bénin. With the goal of meeting the needs of her customers and increasing her turnover, Annick Dohoué is requesting - together with the other members of the DIEU EST GRAND 9 group - a first loan with ALIDé. This loan will certainly allow them to grow their business and to make a larger profit.
Le groupe DIEU EST GRAND 9 est composé de trois personnes qui sont des amies et qui habitent le même quartier. C'est la première fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Annick Dohoué est celle qui a la main levée sur la photo. Annick Dohoué est âgée de 46 ans et a arrêté l'école au niveau secondaire. Annick Dohoué est mariée à un certain Pierre. Le couple a cinq enfants dont certains scolarisés et tous à leur charge. Annick Dohoué vit ensemble avec son mari et ses enfants. Afin d’assurer les diverses charges de la famille, Annick Dohoué vend depuis dix ans, divers articles (huile de palme, huile végétale, etc.) et des condiments à son domicile. Annick Dohoué s’approvisionne dans une région du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Annick Dohoué sollicite ensemble avec les autres membres du groupe DIEU EST GRAND 9, un premier crédit auprès de ALIDé. Ce crédit leur permettra surement à hausser le niveau de leur activité et à se faire plus de profit
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.