The DJIDJOHOGNON group is made up of three people who all live in the same neighborhood. This is the ninth time that the group has asked for financial aid from Alidé, in order to increase their level of activity. The group's representative, Pascaline, has her hand raised in the photo. Pascaline is 52 years old and lives in Benin. She did not go to school. Pascaline is a widow and has three children, none of whom has been to school. Only one of the children is still in her care. Pascaline lives alone, and takes care of her needs and those of her child on her own. In order to meet their expenses, Pascaline sells utensils and plastic items in a market in Benin. She obtains her supplies locally and in a town in Benin. In order to meet customer demand and increase turnover and income, Pascaline, along with the other members of the DJIDJOHOGNON 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. The first eight loans have been fully repaid.
Le groupe DJIDJOHOGNON est composé de trois personnes qui résident dans le même quartier. C'est la neuvième 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 Pascaline est celle qui a la main levée sur la photo. Pascaline est âgée de 52 ans et vit au Bénin. Pascaline n’a pas fréquenté l’école. Pascaline est une veuve et mère de trois enfants dont aucun n’est scolarisé. Parmi les enfants, il ne reste qu’un enfant à charge. Pascaline vit seule et assure seule ses diverses charges et ceux de son enfant. Afin d’assurer les diverses charges et ceux de son enfant, Pascaline vend des ustensiles et des plastiques dans un marché du Bénin. Pascaline s’approvisionne dans sa région et dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Pascaline sollicite ensemble avec les autres membres du groupe DJIDJOHOGNON, un neuvième crédit auprès de ALIDé. Ce prêt leur permettra certainement à hausser le niveau de leurs activités et à se faire plus de profits. Les huit premiers crédits 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.