The ST ANTOINE DE PADOU (Saint Antoine of Padua) group is made up of 11 people who live in the same area. This is the third 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 Zinsi Pauline, is the one with her hand raised in the photo. Zinsi Pauline is 38 years old and married to a retailer named Etienne. The couple has two children, both in school and in their care. Zinsi Pauline attended school up to the primary level. Zinsi Pauline lives together with her husband and her children. Together the couple provides for the various needs of the household. To contribute to the various needs of the household, Zinsi Pauline has sold various products and fabric in an area of Benin and by distribution system for eight years. This business allows her to respond without great difficulty to her needs. Zinsi Pauline stocks up in a market in Benin. In seeking to satisfy her customers and to increase her working capital and her profits, Zinsi Pauline is asking for a third loan from Alidé together with the other members of the ST ANTOINE DE PADOU group. Their previous loans were repaid in full.
Le groupe ST ANTOINE DE PADOU est composé de onze personnes qui résident dans un même quartier. C'est la troisième 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 Zinsi Pauline est celle qui a la main levée sur la photo. Zinsi Pauline est âgée de 38 ans et est mariée à un revendeur du nom de Etienne. Le couple a deux enfants tous scolarisés et à sa charge. Zinsi Pauline a fréquenté l’école jusqu’au niveau primaire. Zinsi Pauline vit ensemble avec son mari et ses enfants. Le couple assure ensemble les divers besoins du ménage. Pour contribuer aux différents besoins de sa famille, Zinsi Pauline vend depuis huit ans divers produits et des tissus dans un quartier du Bénin et par le système de distribution. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Zinsi Pauline 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, Zinsi Pauline sollicite un troisième crédit auprès de ALIDé, ensemble avec les autres membres du groupe ST ANTOINE DE PADOU. 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.