The group "Ife Oluwa 1" is composed of 3 people who belong to the same tontines, have similar businesses and get their supplies in the same area. The group's representative, Hounsi Mègbè, is 57 years old and has her hand raised in the picture. Hounsi Mègbè is a widow. She has 2 children, one of whom goes to school. Hounsi Mègbè lives alone with her children and takes care of the different household responsibilities by herself. She did not go to school.
Hounsi Mègbè has been selling food (rice with sauce) from her home for nearly 14 years; this enables her to meet her family's needs without too much difficulty. In order to better be able to respond to the demands of her customers, Hounsi Mègbè would like to buy some bags of corn and some cans of oil to strengthen her business. In order to do this, she and the other members of the "Ife Oluwa 1" group are requesting a 3rd loan from ALIDé. The previous loans have been correctly repaid.
Le groupe " IFE OLUWA 1 " est formé de trois personnes qui font des tontines ensemble et exercent presque les mêmes activités et s’approvisionnent dans un même endroit. La représentante de ce groupe, nommée Hounsi Mègbè, âgée de 57 ans, est celle dont la main est levée sur la photo. Hounsi Mègbè est une veuve. Hounsi Mègbè a deux enfants, dont un est scolarisé. Hounsi Mègbè vit seule avec ses enfants et assurent seule les différentes charges de la maison. Hounsi Mègbè n’a pas fréquenté l'école. Il y a près de quatorze ans que Hounsi Mègbè exerce comme activité, la vente de nourriture (riz accompagné de sauce) à son domicile ; 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, Hounsi Mègbè désire acheter des sacs de riz et des bidons d’huiles pour renforcer son activité. Pour ce faire, Hounsi Mègbè sollicite, ensemble avec les autres membres du groupe " IFE OLUWA 1 ", 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.