Cerveau is a group with three members, who all live in the same area in Benin. The group’s representative is called Charlotte, and is pictured with her hand raised in the photo. Charlotte is 37 years of age, and is married to Jonas. The couple has five children, all at school and under their care. Charlotte and her husband live together with their children, and ensure that the children are provided for.
Charlotte stopped attending school during her high school studies. For almost five years she has worked selling various products (rice, vegetable oil, beans) from home. She is passionate about her business, and it allows her to provide for herself and for her children.
Charlotte gets her supplies in Benin. As she wants to ensure customer satisfaction and increase her working capital, she has requested a fourth loan along with the other members of the Cerveau group. This loan will allow them to better meet their customers’ requests, as well as to make more profits.
CERVEAU est un groupe de trois personnes, dont les membres résident dans la même zone au Bénin. La représentante du groupe, Charlotte (dont la main est levée sur la photo), est âgée de 37 ans et est mariée à un certain Jonas. Le couple a cinq enfants, tous scolarisés et à leur charge. Charlotte et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges des enfants. Charlotte a arrêté l’école au cours secondaire. Il y a près de cinq ans que Charlotte vend des produits divers (riz, huile végétale, haricot) à son domicile. Charlotte exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Charlotte s’approvisionne au Bénin. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement, Charlotte sollicite un quatrième crédit avec les autres membres du groupe CERVEAU. 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.