"Ayidote 30" is a group of 3 people, whose members all live in the same district in Benin. The group's representative, Hortense Mireille (whose hand is raised in the picture), is 45 years old and married to Boniface. The couple have 4 children who all go to, or have been to, school, 3 of whom are still in their charge. Hortense Mireille and her husband live together with their children and take care of the different household expenses together.
Hortense Mireille did not get much schooling. She has been selling various products (eggs, corn) at her home for about 15 years. She does her job passionately, which allows her to provide for her needs and those of her children. She gets her supplies at a market in Benin.
In the pursuit of customer satisfaction, Hortense Mireille is requesting a first loan, together with the other members of the "Ayidote 30" group. This loan will help them to better respond to customer demand and earn more profits.
AYIDOTE 30 est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Hortense Mireille (dont la main est levée sur la photo), est âgée de 45 ans et est mariée à un certain Boniface. Le couple a quatre enfants tous scolarisés dont trois restent à leur charge. Hortense Mireille et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Hortense Mireille a peu fréquenté l’école. Il y a quinze ans environs que, Hortense Mireille mène comme activité la vente de divers produits (œufs, maïs) à son domicile. Hortense Mireille exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Hortense Mireille s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Hortense Mireille sollicite un premier crédit avec les autres membres du groupe AYIDOTE 30. 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.