The AYIDOTE 7 group is composed of three people who reside in the same neighbourhood in Benin. The representative of the group, named Germaine Akoua Kpèssoussi, is the one with her hand raised in the photo. Germaine Akoua Kpèssoussi is married to a cook named Samuel. The couple has six children, some of whom attend school and all of whom are dependent. The couple lives together with their children and share the family expenses. Germaine Akoua Kpèssoussi did not go to school. For about twenty years she has been running a sewing business from her home; this enables her to provide for her family's needs without too much difficulty. In addition to this business, Germaine Akoua Kpèssoussi sells firewood and tailoring supplies. With the objective of better satisfying her clients' demands, Germaine Akoua Kpèssoussi wishes to reinforce and diversify her activity. To achieve this, with the other members of the AYIDOTE 7 group, Germaine Akoua Kpèssoussi requests a loan from ALIDé.
Le groupe AYIDOTE 7 est formé de trois personnes qui résident dans le même quartier au Bénin. La représentante de ce groupe, nommée Germaine Akoua Kpèssoussi, est celle dont la main est levée sur la photo. Germaine Akoua Kpèssoussi est mariée à un cuisinier nommé Samuel. Le couple a six enfants, dont certains scolarisés, et tous à leur charge. Le couple vit ensemble avec leurs enfants et subvient ensemble aux divers besoins de la famille. Germaine Akoua Kpèssoussi n’a pas fréquenté l’école. Il y a près de vingt cinq ans que Germaine Akoua Kpèssoussi exerce comme activité, la couture à son domicile; ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Parallèlement à cette activité, Germaine Akoua Kpèssoussi vend des bois de chauffage et des fournitures de couture. Dans le souci de mieux répondre aux exigences de sa clientèle, Germaine Akoua Kpèssoussi désire renforcer et diversifier son activité. Pour ce faire, Germaine Akoua Kpèssoussi sollicite, ensemble avec les autres membres du groupe AYIDOTE 7, 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.