Ayifa is a group of three people who live in the same district in Benin. The representative of the group, Yvette Béatrice (who has her hand raised in the photo), is 29 years old. She is married to a man named Isaac and has two children, who are both at school and supported by them. Yvette Béatrice lives with her husband and children. The couple cover the various household expenses between them. Yvette Béatrice left school at primary level. In order to cover the various expenses, she has for the past ten years or so been selling rice, corn and vegetable oil through the distribution system. She gets her supplies in a market in Benin. With a view to satisfying customer demand, increasing her working capital and boosting her business, Yvette Béatrice is, together with the other members of the Ayifa group, requesting a first loan from Alidé. This loan will be used to respond better to customer demand and to make more profits for themselves.
AYIFA est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Yvette Béatrice (dont la main est levée sur la photo), est âgée de 29 ans. Yvette Béatrice est mariée à un certain Isaac et a deux enfants, tous scolarisés et à leur charge. Yvette Béatrice vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Yvette Béatrice a arrêté l’école au cours primaire. Pour faire face à ses différentes charges, Yvette Béatrice vend depuis une dizaine d’année, du riz, du maïs et de l’huile végétale par le système de distribution. Yvette Béatrice s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement et de renforcer son activité, Yvette Béatrice sollicite un premier crédit auprès de ALIDé, ensemble avec les autres membres du groupe AYIFA. 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.