The WADAGBE 2 group is made up of three people who are related and live in the same neighbourhood. The group representative, Vihoutou Raymonde, is the woman raising her hand in the photo. This is the group's first request for support from ALIDé. They want to expand their businesses. Vihoutou Raymonde is 56 and has two children, neither of whom are in school. She lives independently and takes care of her needs on her own. She does not have much schooling. She has had her business for about twenty years now. She sells utensils and freezers through the distribution system. She gets her stock from Ghana and Togo. Demand is increasing, and she has limited means. She is not able to respond to her customers' demand. For this reason, and because all of the group members have limited resources, the WADAGBE 2 group is requesting their first loan together from ALIDé.
Le groupe WADAGBE 2 est formé de trois personnes qui sont des parentés résidant dans le même quartier La représentante de ce groupe, nommée Vihoutou Raymonde 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. Vihoutou Raymonde est âgée de 56 ans et est mère de deux enfants dont aucun n’est scolarisé. Vihoutou Raymonde vit seule et assure seule ses divers besoins. Vihoutou Raymonde a peu fréquenté l'école. Il y a une vingtaine d’année environs que Vihoutou Raymonde mène comme activité la vente des ustensiles et des glacières par le système de distribution. Vihoutou Raymonde s’approvisionne au Ghana et au Togo. La demande de sa clientèle devient de plus en plus grande et compte tenu de ses moyens limités, Vihoutou Raymonde n'arrive plus à bien répondre à leurs exigences. Eu égard à cela et compte tenu de leurs ressources limitées, Vihoutou Raymonde et les autres membres du groupe WADAGBE 2 sollicitent ensemble 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.