The AYIDEGO group is made up of three people who live in the same area. This is the fourth time that the group is asking for financial assistance from Alidé, in order to raise the level of their business. The group's representative, named Barikissou, is the one with her hand raised in the photo. Barikissou is 23 years old and single. Barikissou attended school up to the secondary level. Barikissou lives alone and provides for her needs on her own. To contribute to her different needs, Barikissou stocks up in a market in Benin. In seeking to satisfy her customers and to raised her working capital and profit, Barikissou is asking for a fourth loan from Alidé, together with the other members of the AYIDEGO group. Their previous loans have been repaid in full.
Le groupe AYIDEGO est composé de trois personnes qui résident dans un même quartier. C'est la quatrième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Barikissou est celle qui a la main levée sur la photo. Barikissou est âgée de 23 ans et est une célibataire. Barikissou a fréquenté l’école jusqu’au niveau secondaire. Barikissou vit seule et assure seule ses divers besoins. Pour contribuer aux différents besoins, Barikissou vend depuis trois ans des bols, des produits vivriers et de l’huile végétale. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Barikissou s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Barikissou sollicite un quatrième crédit auprès de ALIDé, ensemble avec les autres membres du groupe AYIDEGO. 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.