The Titonangba group is made up of two people who live in the same neighborhood. The representative of this group, whose name is Rafatou, is the one with her hand raised in the photo. It is the third time that this group has requested financial aid from Alidé, with a view to increasing their business volume. Rafatou is 60 years old, a widow and mother to five children who have not been educated. None of the children are any longer supported by Rafatou. She lives alone and provides for her own needs. Rafatou did not go to school and, in order to provide for needs, has been selling packages of "pure water" from her home for the past 30 years or so. She gets her supplies from a market in Benin. In order to boost her business and respond better to customer demand, Rafatou wants to increase her stock. To do this she is, together with the second member of the Titonangba group, requesting a third loan from Alidé.
Le groupe TITONANGBA est formé de deux personnes qui habitent dans le même quartier. La représentante de ce groupe, nommée Rafatou, est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Rafatou est âgée de 60 ans. Rafatou est une veuve et mère de cinq enfants non scolarisés. Aucun des enfants n'est plus à la charge de Rafatou. Rafatou vit seule et assure seule ses différents besoins. Rafatou n’a pas fréquenté l'école. Pour subvenir à ses besoins, Rafatou vend des emballages de "pure water" à son domicile depuis une trentaine d'année. Rafatou s’approvisionne dans un marché du Bénin. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Rafatou désire augmenter le stock de ses produits. Pour ce faire, Rafatou sollicite ensemble avec le second membre du groupe TITONANGBA, un troisième 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.