Adoubossou is a group of 26 people, the members of which live in the same neighborhood and belong to the same tontine [savings/investment group]. The group's representative, Dannoumè (whose hand is raised in the photo), is 49 years old and is married to a farmer by the name of Lambert.
Dannoumè is the mother of five children, of whom several are in school and one remains in her care. Dannoumè did not attend school. It has been some 20 years that Dannoumè has been in the business of selling corn, palm oil and palm wine from her home. Dannoumè undertakes her business with passion, which allows her to meet her needs and those of her children.
Dannoumè gets her supplies at a market in Benin. In the pursuit of customer satisfaction, Dannoumè is seeking a fifth loan with the other members of the Adoubossou Group. This loan will allow them to better respond to customer demand and to turn more of a profit. The previous loans have been repaid.
ADOUBOSSOU est un groupement de vingt six personnes, dont les membres résident dans le même quartier et appartiennent à un même groupe de tontine. La représentante du groupe, Dannoumè (dont la main est levée sur la photo), est âgée de 49 ans et est mariée à un cultivateur du nom Lambert. Dannoumè est mère de cinq enfants dont certains scolarisés et un reste à sa charge. Dannoumè n’a pas fréquenté l’école. Il y a vingt ans environs que Dannoumè mène comme activité la vente de maïs, de l’huile de palme et de vin de palme à son domicile. Dannoumè exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Dannoumè s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Dannoumè sollicite un cinquième crédit avec les autres membres du groupement ADOUBOSSOU. 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.