"Tout Es Grâce 20" is a group of 3 people, whose members all live in the same area of Benin. The group's representative, Assiba Claudine (whose hand is raised in the picture), is 31 years old. She is married to Jean and has 2 dependent children who both go to school. Assiba Claudine lives together with her husband and children and the couple both take care of the various household expenses.
Assiba Claudine left school at the secondary level. In order to cope with her various responsibilities, she has been selling beauty products and "eaux de toilette" in her shop for around 10 years. She gets her supplies in Benin.
In the pursuit of customer satisfaction and with a view to increasing her capital and strengthening her business, Assiba Claudine is requesting a first loan from ALIDé, together with the other members of the "Tout Es Grâce 20" group. This loan will help them to better respond to customer demand and earn more profits.
TOUT ES GRÂCE 20 est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Assiba Claudine (dont la main est levée sur la photo), est âgée de 31 ans. Assiba Claudine est mariée à un certain Jean et a deux enfants, tous scolarisés et à leur charge. Assiba Claudine vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Assiba Claudine a arrêté l’école au cours secondaire. Pour faire face à ses différentes charges, Assiba Claudine vend depuis une dizaine d'année, des produits cosmétiques et des eaux de toilette dans sa boutique. Assiba Claudine s’approvisionne au Bénin. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement et de renforcer son activité, Assiba Claudine sollicite un premier crédit auprès de ALIDé, ensemble avec les autres membres du groupe TOUT ES GRÂCE 20. 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.