The "Alogojesuton 2" group comprises 21 people who live in the same area. The group leader, named Dorothé, is the one whose hand is raised in the photo. With the goal of raising the level of their businesses in order to better meet the demands of their customers, this group is seeking its first round of financial support from ALIDÉ. Dorothé ended his studies in primary school. He is 42 years old and married to a retailer named Mélanie. The couple have four children, all in school and in their care. Dorothé and his wife live together with their children and provide for the family together. To contribute to meeting his family's needs, Dorothé has sold various food items at his home and at a market in Benin for eleven years. He gets his supplies in a town in Benin. With the goal of strengthening their businesses and better satisfying their clientele, Dorothé and the other members of the "Alogojesuton 2" group are seeking their first loan with ALIDÉ. Their ambition is to raise the level of their business.
Le groupement ALOGOJESUTON 2 est composé de vingt et une personnes qui résident dans le même quartier. Le représentant de ce groupement, du nom de Dorothé est celui ayant une main levée sur la photo. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite pour une première fois l'appui financier de ALIDé. Dorothé a arrêté l’école au niveau primaire. Dorothé est âgé de 42 ans et est marié à une revendeuse du nom de Mélanie. Le couple a quatre enfants, tous scolarisés et à leur charge. Dorothé et sa femme vivent ensemble avec leurs enfants et assurent ensemble les diverses de la famille. Pour contribuer aux divers besoins de sa famille, Dorothé vend depuis onze ans, divers produits vivriers à son domicile et dans un marché du Bénin. Dorothé s'approvisionne dans un village du Bénin. Dans le but de renforcer leur activité et de mieux satisfaire leur clientèle, Dorothé et les autres membres du groupement ALOGOJESUTON 2 sollicitent un premier crédit auprès de ALIDé. Leur ambition est d’accroître le niveau de leur activité.
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.