Aïdote is a group composed of 3 people whose members lives in the same town in Benin. The group's representative, Célestine (whose hand is raised in the picture), is 58 years old and married to Jean. The couple have 8 dependent children, all of whom attend, or have attended, school. Célestine and her husband live together with their children and both take care of the various household expenses.
Célestine did not go to school. She has been selling paste balls (made from corn starch) and fried fish via the distribution channel for nearly 12 years. Célestine works with passion, which enables her to meet her needs and those of her children. She gets her supplies in her region. In the pursuit of customer satisfaction, Célestine is requesting a 4th loan, together with the other members of the Aïdote group. This loan will be used to better respond to the demands of their clientèle and to earn more profits. The previous loans have been properly repaid.
AÏDOTE est un groupe de trois personnes, dont les membres résident dans la même agglomération au Bénin. La représentante du groupe, Célestine (dont la main est levée sur la photo), est âgée de 58 ans et est mariée à un certain Jean. Le couple a huit enfants tous scolarisés et à leur charge. Célestine et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Célestine n’a pas fréquenté l’école. Il y a près de douze ans que Célestine mène comme activité la vente des boules de pâtes (faite à base de l’amidon du maïs) accompagné des poissons frits par le système de distribution. Célestine exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Célestine s’approvisionne dans sa région. Dans la quête de la satisfaction de sa clientèle, Célestine sollicite un quatrième 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 précédents 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.