The Wangnignigbe 8 group is made up of three people who live in the same neighborhood. The representative of the group, whose name is Zénab, is the one with her hand raised in the photo. Zénab is 28 years old and did not go to school. She is married to man called Aziz. The couple has two children to support, both of whom are at school. Zénab lives with her children and husband. The couple covers the various household expenses between them. In order to do this, Zénab has been selling children's clothing, toothpaste, and fruit juices as a secondary activity, from her home and in a Benin market for almost six years. She buys her products in a Benin market. With a view to boosting her business and responding better to customer demand, Zénab would like to increase her stock. It is for this reason that she, together with the other members of the Wangnignigbe 8 group, is requesting a loan from Alidé.
Le groupe WANGNIGNIGBE 8 est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Zénab, est celle dont la main est levée sur la photo. Zénab est âgée de 28 ans et n’a pas fréquenté l’école. Zénab est mariée à un certain Aziz. Le couple a deux enfants tous scolarisés et à leur charge. Zénab vit ensemble avec ses enfants et son mari. Le couple assure ensemble les charges de la maison. Pour faire face à ses différentes charges, Zénab vend des vêtements d’enfants, des pâtes dentifrices et des jus de fruits de façon secondaire à son domicile et dans un marché du Bénin depuis près de six ans. Zénab s’approvisionne dans un marché du Bénin. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Zénab désire augmenter le stock de ses produits. Pour ce faire, Zénab sollicite ensemble avec les autres membres du groupe WANGNIGNIGBE 8, un 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.