The CHRIS-TELLE group is made up of three related women. The group representative, named Mogboladé Christelle Luce, has her hand raised in the photo. This is the first time the group has requested financial support through ALIDé, with the goal of growing their business. Mogboladé Christelle Luce is 29 years old and unmarried. She left school at the university level. She lives alone and pays all of her own expenses, and has been selling fabric, bags, and shoes for about a year in a neighborhood in Benin. This allows her to meet her needs without difficulty. Mogboladé Christelle Luce buys her products in Ghana and Togo. In order to better satisfy her customers, she would like to strengthen and diversify her business. To do this, she and the other members of the CHRIS-TELLE group are requesting their first loan through ALIDé.
Le groupe CHRIS-TELLE est formé de trois personnes qui sont des parentés. La représentante de ce groupe, nommée Mogboladé Christelle Luce, 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. Mogboladé Christelle Luce est âgée de 29 ans et est célibataire. Mogboladé Christelle Luce a arrêté l’école au niveau universitaire. Mogboladé Christelle Luce vit seule et assure seule ses divers besoins. Il y a environs un an que Mogboladé Christelle Luce vend des tissus, sacs et chaussures dans un quartier du Bénin. Ce qui lui permet de répondre sans grande difficulté à ses besoins. Mogboladé Christelle Luce s’approvisionne au Ghana et au Togo. Dans le souci de mieux répondre aux exigences de sa clientèle, Mogboladé Christelle Luce désire renforcer et diversifier son activité. Pour ce faire, Mogboladé Christelle Luce sollicite, ensemble avec les autres membres du groupe CHRIS-TELLE, 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.