The AÏDOTE group is made up of three members who are friends, belong to the same savings group, and buy from the same supplier.
The group's representative, Christine, is the one raising her hand in the photo. She is 38 years old, married to a man named Etienne, and the mother of four children who are all in their care. Some of the children go to school. Christine and Etienne live with their children and jointly take care of their various needs. Christine never attended school.
Christine has been working as a hairdresser for the past fifteen years. She also sells hair extensions and vegetable oil through the distribution system. She is passionate about her work, which allows her to meet her needs and those of her children. She buys her supplies in her region.
In order to satisfy the needs of her customers, Christine is requesting a fifth loan, along with the other members of the AÏDOTE group. This loan will help them to better meet their customers' demand and to increase their profits.
AÏDOTE est un groupe de trois personnes, dont les membres sont des amies appartenant à un même groupe de tontine et s’approvisionnant auprès du même fournisseur. La représentante du groupe, Christine (dont la main est levée sur la photo), est âgée de 38 ans et est mariée à un certain Etienne. Le couple a quatre enfants à leur charge, dont certains scolarisés. Christine et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges des enfants. Christine a n’a pas été à l’école. Il y a près de quinze ans que Christine mène comme activité la coiffure. Christine vend aussi, des mèches et de l’huile végétale par le système de distribution. Christine exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Christine s’approvisionne dans sa région. Dans la quête de la satisfaction de sa clientèle, Christine sollicite un cinquième crédit avec les autres membres du groupe AÏDOTE. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Les crédits antérieurs 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.