Nonvignon group is made up of three people who live in the same district in Benin. The representative of the group, whose name is Edwige, is the one with her hand raised in the photo. It is the first time that this group has requested financial aid from Alidé, with a view to increasing their business volume. Edwige is 30 years old and married to a man named Achille. The couple has three children, who are all at school and supported by them. Edwige lives with her husband and children, and the couple cover the various household expenses between them. Edwige did not attend school and for the past eight years she has been selling second-hand clothing and apples; this enables her to provide for her family's needs without too much difficulty. In order to satisfy customer demand more easily, Edwige would like to boost her stock and increase her business volume. To do this, she is, together with the other members of the Nonvignon group, requesting a first loan from Alidé.
Le groupe NONVIGNON est formé de trois personnes qui résident dans le même quartier au Bénin. La représentante de ce groupe, nommée Edwige, est celle dont la main est levée sur la photo. C’est la première fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Edwige est âgée de 30 ans et est mariée à un certain Achille. Le couple a trois enfants, tous scolarisés et à leur charge. Edwige vit ensemble avec ses enfants et son mari, et assure ensemble avec lui les différentes charges de la maison. Edwige n‘a pas fréquenté l’école. Depuis huit ans, Edwige exerce comme activité, la vente de friperies et de pommes fruits ; ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Dans le souci de mieux répondre aux exigences de sa clientèle, Edwige désire renforcer ses stocks de produits et rehausser le niveau de son activité. Pour ce faire, Edwige sollicite, ensemble avec les autres membres du groupe NONVIGNON, un premier crédit auprès de ALIDé.
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.