The "Vivogbe" group comprises four people who run businesses in the same area. The group leader, Léontine Akouavi, is the woman whose hand is raised in the photo. Léontine Akouavi is 41 years old and married to a man named Prosper. She did not attend school. The couple have one child, who attends school and is in their care. The couple live together with their child and provide for the household together. For close to 18 years, Léontine AKouavi has sold plastic utensils and onions at a market in Benin. She gets her supplies at a market in Benin. This business allows her to meet her needs and those of her child without too much difficulty. Léontine Akouavi and the other members of the Vivogbe group are seeking financial support from ALIDÉ for the third time, with the goal of strengthening their working capital and better responding to their customers' needs. The two previous loans were repaid properly.
VIVOGBE est un groupe de quatre personnes, dont les membres exercent des activités génératrices de revenus dans un même environnement. La représentante du groupe, Léontine Akouavi est celle dont la main est levée sur la photo. Léontine Akouavi est âgée de 41 ans et est mariée à un certain Prosper. Léontine Akouavi n’a pas fréquenté. Le couple a un enfant scolarisé et à leur charge. Le couple vit ensemble avec leur enfant et assurent ensemble les différentes charges du foyer. Il y a près de dix huit ans que Léontine Akouavi vend des plastiques et des oignons dans un marché du Bénin. Léontine Akouavi s’approvisionne dans un marché du Bénin. Cette activité lui permet de subvenir sans grande difficulté, à ses besoins et à ceux de son enfant. Léontine Akouavi et les autres membres du groupe VIVOGBE sollicitent pour une troisième fois, l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Les deux 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.