Awadagbe 1 is a group of 16 people, of which the members live in the same village in Benin. The leader of the group, Christine (whose hand is raised in the photo), is 34 years old and is married to a farmer named Pascal. The couple has five children some of which attend school and all of which are dependent on the couple. Christine lives with her children and her husband. The couple shares the various expenses. For some years Christine has been in the catering business (the sale of corn cake, rice) in her region. Christine buys her stock at a market in Benin. She runs this business in order to be able to support the family. Aiming to satisfy her customers, Christine requests a first loan with the other members of the Awadagbe 1 group. This loan will enable them to satisfy their customers better and to make more profit.
AWADAGBE I est un groupement de seize personnes, dont les membres résident dans le même village au Bénin. La représentante du groupe, Christine (dont la main est levée sur la photo), est âgée de 34 ans et est mariée à un cultivateur du nom de Pascal. Le couple a cinq enfants dont certains sont scolarisés et tous à la charge du couple. Christine vit ensemble avec ses enfants et son mari. Le couple assure ensemble les diverses charges. Il y a quelques années que Christine mène comme activité la restauration (vente de pâte de maïs, du riz) dans sa région. Christine s’approvisionne dans un marché du Bénin. Christine mène cette activité afin de pouvoir répondre aux besoins du ménage. Dans la quête de la satisfaction de sa clientèle, Christine sollicite un premier crédit avec les autres membres du groupement AWADAGBE I. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.
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.