The EGBEYEMI group is made up of three people who live in the same area. The representative of the group, named Nafissatou, is the one with her hand raised in the photo. This is the third time that the group is asking for financial support from Alidé with an eye to raising the level of their business. Nafissatou is 40 years old and is married to a man named Yacoubou. The couple has six children, all in school and in their care. The couple lives together and provides together for the household's various needs. Nafissatou attended little school. Nafissatou started her business about seven years old selling mattresses in an area of Benin, which allows her to meet the needs of her family without great difficult. In order to better respond to her customers' needs, Nafissatou wants to reinforce her business. To do this, Nafissatou is asking for a third loan together with the other members of the EGBEYEMI group. Their previous loans have been repaid in full.
Le groupe EGBEYEMI est formé de trois personnes qui habitent dans le même quartier. La représentante de ce groupe, nommée Nafissatou, 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. Nafissatou est âgée de 40 ans et est mariée à un certain Yacoubou. Le couple a six enfants, tous scolarisés, et à leur charge. Le couple vit ensemble et assure ensemble les diverses charges du foyer. Nafissatou a peu fréquenté l’école. Il y a près de sept ans que Nafissatou exerce comme activité, la vente des matelas dans un quartier du Bénin ; ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Dans le souci de mieux répondre aux exigences de sa clientèle, Nafissatou désire renforcer son activité. Pour ce faire, Nafissatou sollicite, ensemble avec les autres membres du groupe EGBEYEMI, un troisième crédit auprès de ALIDé. Les prêts antérieurs 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.