The Midedji group is made up of fourteen people who live in the same neighborhood. The representative of the group, Pierrette, is the woman raising her hand in the photo. To increase their level of business to better meet the demands of their clientele, the group is requesting financial support from Alidé for the second time. Pierrette left school at the secondary level. She is 58 years old and married to a man named Christophe. The couple has five school-aged children under their care, three of whom are their own children. Pierrette and her husband live with their children and together provide for the various needs of their family. To meet their family's various needs, Pierrette has sold various food-production products out of her home for five years. She gets her supplies at a market in Bénin. To strengthen her business and to better satisfy her clientele, Pierrette and the other members of Midedji are requesting a second loan from Alidé. Their ambition is to increase the level of their business.
Le groupement MIDEDJI est composé de quatorze personnes qui résident dans le même quartier. La représentante de ce groupement, du nom de Pierrette est celle 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 deuxième fois l'appui financier de ALIDé. Pierrette a arrêté l’école au niveau secondaire. Pierrette est âgée de 58 ans et est mariée à un certain Christophe. Le couple a cinq enfants à leur charge, tous scolarisés, dont trois sont leurs propres enfants. Pierrette et son mari vivent ensemble avec leurs enfants et assurent ensemble les diverses de la famille. Pour contribuer aux divers besoins de sa famille, Pierrette vend depuis cinq ans, des divers et des produits vivriers à son domicile. Pierrette s'approvisionne dans un marché du Bénin. Dans le but de renforcer leur activité et de mieux satisfaire leur clientèle, Pierrette et les autres membres du groupement MIDEDJI sollicitent un deuxième 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.