The ADJENIYA group is made up of three people who all live in the same neighborhood. This is the first time that the group has asked for financial aid from Alidé, in order to increase their level of activity. The group's representative, Latifatou, has her hand raised in the photo. Latifou is 28 years old and lives in Benin. She did not go to school. Latifou is married to Waïbi. The couple have two children, one of whom goes to school. Both children are in their care. Latifou lives together with her husband and children. She and her husband both pay for the household's expenses. In order to meet her family's expenses, for the last five years Latifou has been selling cosmetic products (powder, cotton) on foot. She obtains her supplies from a town in Benin. In order to meet customer demand and increase turnover and income, Latifou, along with the other members of the ADJENIYA group, is asking for a first loan from ALIDé. This loan will allow them to increase the level of their activities and make more profit.
Le groupe ADJENIYA est composé de trois personnes qui résident dans 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 Latifatou est celle qui a la main levée sur la photo. Latifatou est âgée de 28 ans et vit au Bénin. Latifatou n’a pas fréquenté l’école. Latifatou est mariée à un certain Waïbi. Le couple a deux enfants dont un scolarisé et tous à leur charge. Latifatou vit ensemble avec son mari et ses enfants et assure ensemble avec son mari les charges de la maison. Afin d’assurer les diverses charges de la famille, Latifatou vend depuis cinq ans, des produits cosmétiques (poudre, coton) de façon ambulante. Latifatou s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Latifatou sollicite ensemble avec les autres membres du groupe ADJENIYA, un premier crédit auprès de ALIDé. Ce prêt leur permettra certainement à hausser le niveau de leurs activités et à se faire plus de profits.
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.