The OGO-OLUWA group is made up of three women who are friends and who all live in the same neighborhood in Benin. The group's leader, Élisabeth Djidonou, has her hand raised in the photo. Élisabeth is 43 years old and is married to a mattress maker called Barthélémy. They have four children, some of whom have been to school. Two children are still in their care. Élisabeth Djidonou lives together with her husband and children. Together, the couple meet the household's expenses.
For almost five years, Élisabeth has been selling fabric and shoes, on foot. She obtains her supplies from a town in Benin and in Lomé. With the goal of increasing her activity and better meeting customer demand, Élisabeth Djidonou wants to obtain a third loan, together with the other members of the group. The first two loans have been fully repaid.
Le groupe OGO-OLUWA est formé de trois personnes qui sont des amies et habitent toutes dans le même quartier à au Bénin. La représentante de ce groupe, nommée Élisabeth Djidonou, est celle dont la main est levée sur la photo. Âgée de 43 ans, Élisabeth Djidonou est mariée à un matelassier du nom de Barthélémy. Le couple a quatre enfants, dont certains scolarisés, et deux restent à leur charge. Élisabeth Djidonou vit ensemble avec ses enfants et son mari. Le couple assure ensemble les diverses charges familiales. Il y a près de cinq ans que Élisabeth Djidonou mène comme activité, la vente de tissus et des chaussures de façon ambulante. Élisabeth Djidonou s'approvisionne dans une ville du Bénin et à Lomé. Dans le but de renforcer son activité et de mieux répondre à la demande de sa clientèle, Élisabeth Djidonou désire obtenir un troisième financement, ensemble avec les autres membres de son groupe. Les deux premiers prêts 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.