The "Fifa" group comprises three people who live in the same area. The group leader, named Pauline, is the one whose hand is raised in the photo. Pauline is 38 years old. She had very little schooling and is married to a man named Hervé. The couple have three children, all of whom attend school and are in their parents' care. The children live together with their parents. The couple provide for the family together. In order to contribute to the various household expenses, Pauline sells various items (beans, pasta, and canned goods) at her store. She gets her supplies at a market in Benin and has run this business for seven years. With the goal of raising the level of their business and increasing their sales and income, Pauline and her group are seeking a second loan with ALIDÉ. The first loan was repaid properly.
Le groupe FIFA est composé de trois personnes qui résident dans le même quartier. La représentante du groupe, du nom de Pauline est celle qui a la main levée sur la photo. Pauline est âgée de 38 ans. Pauline a très peu fréquenté l’école et est mariée à un certain Hervé. Le couple a trois enfants tous scolarisés et à leur charge. Les enfants vivent ensemble avec leurs parents. le couple assure ensemble les besoins du ménage. Afin de contribuer aux diverses charges de son ménage, Pauline vend divers produits (haricot, pâtes alimentaires et conserves) dans sa boutique. Pauline s'approvisionne dans un marché du Bénin et exerce cette activité depuis sept ans. Dans le but de rehausser le niveau de leur activité et d’augmenter leur chiffre d’affaire et leur revenu, Pauline et son groupe sollicite pour une deuxième fois un crédit auprès de ALIDé. Le premier prêt a été bien remboursé.
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.