The group GBENONKPO TONAFA 6 comprises six persons who operate complementary businesses. The group's representative, Eric, is the one in the photo with his hand raised. He is 32 years old and unmarried. He halted his studies in secondary school.
Eric lives by himself and ensures that his own different needs are met. To do so, he sells secondhand clothing door to door. This business enables him to support himself without much problem. He gets his supplies from a market and a shop in Benin.
Seeking to satisfy his customers and to increase his sales and revenues, Eric and the other members of the group GBENONKPO TONAFA 6 are requesting a loan from ALIDé. This loan will allow them to boost their businesses and to grow their customer base and their revenues.
Le groupe GBENONKPO TONAFA 6 est composé de six personnes qui mènent des activités complémentaires. Le représentant du groupe, du nom de Eric est celui qui a la main levée sur la photo. Eric est âgé de 32 ans et est un célibataire. Eric a arrêté l’école au niveau secondaire. Eric vit seul et assure seul ses différents besoins. Pour assurer ses différents besoins, Eric vend des friperies de façon ambulante. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Eric s’approvisionne dans un marché et dans une boutique du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Eric sollicite ensemble avec les autres membres du groupe GBENONKPO TONAFA 6, un crédit auprès de ALIDé. Ce prêt leur permettra de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.
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.