FIFAME has three members who all live in the same neighborhood. The leader of the group, Adèle (with her hand raised in the photo), is 34 years old and married to a man named Daniel. The couple has three children, some attend school now and all are in their care. Adèle completed elementary and intermediate school. She lives with her husband and children. She and her husband are responsible for all the household expenses. For about the past 12 years, Adele has been a dressmaker in her workshop. As a side business, she also sells notions. She is passionate about her work which allows her to provide for her children. In an effort to meet her client's needs and to increase her working capital, Adèle is requesting a third loan from ALIDE along with the other members of her group. The loan will help her to better respond to her client's needs and increase her profits. The two previous loans were both properly reimbursed.
FIFAME est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Adèle (dont la main est levée sur la photo), est âgée de 34 ans et est mariée à un certain Daniel. Le couple a trois enfants, dont certains scolarisés et tous à leur charge. Adèle a arrêté l’école au niveau secondaire. Adèle vit ensemble avec son mari et ses enfants. Le couple assure ensemble les différentes charges de la maison. Il y a une dizaine d’années que Adèle exerce comme activité, la couture dans son atelier. Parallèlement à cette activité, Adèle vend des articles de mercerie. Adèle exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement, Adèle sollicite un troisième crédit avec les autres membres du groupe FIFAME. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Les crédits précédents ont été bien remboursés.
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.