SAINTETE is a group composed of three persons living in the same district. The group's representative, Méssè Martine (whose hand is raised in the photo), is 44 years old and married to a man named Yves. The couple have four children, all in school and in their care. In addition to their children, the couple have two other children to support. Méssè Martine lives with her children. She has had little schooling.
To cope with her different expenses, Méssè Martine has had a business selling traditional medicines in her district for about twenty years. She gets her supplies from regions in Benin.
With the goal of responding better to the requirements of her burgeoning customer base and making more profit, Méssè Martine is requesting, along with the other members of the group SAINTETE, a loan from ALIDé.
SAINTETE est un groupe composé de trois personnes qui résident dans le même quartier. La représentante du groupe du nom de Méssè Martine (dont la main est levée sur la photo), est âgée de 44 ans. Méssè Martine est mariée à un certain Yves. Le couple a quatre enfants tous scolarisés et à leur charge. En plus de leurs enfants, le couple a deux autres enfants à charge. Méssè Martine vit avec ses enfants. Méssè Martine a peu fréquenté l’école. Pour faire face à ses différentes charges, Méssè Martine mène comme activité la vente des médicaments traditionnels dans son quartier depuis une vingtaine d’années. Méssè Martine s’approvisionne dans des régions du Bénin. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et de se faire plus de profit, Méssè Martine sollicite, ensemble avec les autres membres du groupe SAINTETE, un crédit auprès de ALIDé.
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.