Nonvitcha is a group of three people who live in the same district in Benin. The representative of the group, Hélène (who has her hand raised in the photo), is 39 years old and married to a tailor named Denis. The couple has two children, who are both at school and supported by them. Hélène lives with her husband and children and they cover their children's various expenses between them. Hélène left school at primary level. For almost seven years she has been selling various products (rice, vegetable oil) and fabrics through the distribution system. She carries out her business with passion and this enables her to provide for her needs as well as those of her children. Hélène gets her supplies in Benin. With a view to satisfying customer demand and increasing her working capital, Hélène is, together with the other members of the Nonvitcha 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.
NONVITCHA est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Hélène (dont la main est levée sur la photo), est âgée de 39 ans et est mariée à un tailleur du nom de Denis. Le couple a deux enfants, tous scolarisés et à leur charge. Hélène et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges des enfants. Hélène a arrêté l’école au cours primaire. Il y a près de sept ans que Hélène vend des produits divers (riz, huile végétale) et des tissus par le système de distribution. Hélène exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Hélène s’approvisionne au Bénin. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement, Hélène sollicite un premier crédit avec les autres membres du groupe NONVITCHA. 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.