Grâce à Dieu Group is a group of three people, the members of which live in the same neighborhood in Benin. The group's representative, Abiba (whose hand is raised in the photo), is 44 years old. Abiba is married to a man by the name of Hubert. The couple has five children, all of them attending school and in the couple's care. The couple lives together with the children and together sees to the various household needs.
Abiba did not attend school. For nearly the past five years, Abiba has been selling condiments, beans and rice in her area. At the same time, she sells school supplies. Abiba undertakes her business with passion, which allows her to meet her needs. She gets her supplies in a market in Benin. In pursuit of customer satisfaction, Abiba is seeking her first loan with the other members of the Grâce à Dieu Group. This loan will allow them to better meet customer demand and to turn a greater profit.
GRACE A DIEU est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Abiba dont la main est levée sur la photo), est âgée de 44 ans. Abiba est mariée à un certain Hubert. Le couple a cinq enfants tous scolarisés et à leur charge. Le couple vit ensemble avec les enfants et assure ensemble, les différents besoins du ménage. Abiba n’a pas fréquenté. Il y a près de cinq ans que Abiba mène comme activité la vente des condiments, du haricot et du riz dans sa région. Parallèlement à cette activité, Abiba vend des fournitures scolaires. Abiba exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins. Abiba s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Abiba sollicite un premier crédit avec les autres membres du groupe GRACE DE DIEU. 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.