ALLOGNON is a group composed of three friends who live in the same neighborhood in Benin. The representative of the group, Yawovi Rosaline (seen in the photo with her hand raised), is 39 years old and married to a man named Victor. The couple have three children, all educated, two of which are under their responsibility. Yawovi Rosaline and her husband live with their children and together take care of the needs of their children. Yawovi Rosaline herself left school at the primary level. For the last ten years, Yawovi Rosaline has been seeling various products (sugar and maize) in her neighborhood. She also sells bags and shoes. She is passionate about these businesses, which enable her to attend to the needs of her children. She stocks up on merchandise at the market in Benin. In order to satisfy her customers, Yawovi Rosaline and the other memebers of the ALLOGNON group are asking for their third loan from Alidé. This loan will allow them to respond to customer requests and achieve higher profits. The first two loans were satisfactorily reimbursed.
ALLOGNON est un groupe de trois personnes, dont les membres sont des amis et résident dans le même quartier au Bénin. La représentante du groupe, Yawovi Rosaline (dont la main est levée sur la photo), est âgée de 39 ans et est mariée à un certain Victor. Le couple a trois enfants, tous scolarisés et dont deux restent à leur charge. Yawovi Rosaline et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges des enfants. Yawovi Rosaline a arrêté l’école au niveau primaire. Il y a près de dix ans que Yawovi Rosaline mène comme activité la vente de divers articles (sucre et maïs) dans son quartier. De façon secondaire, Yawovi Rosaline vend des sacs et des chaussures. Yawovi Rosaline exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Yawovi Rosaline s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Yawovi Rosaline sollicite un troisième crédit avec les autres membres du groupe ALLOGNON. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Les deux 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.