The group "Missebo" is made up of 3 people who are friends and live in the same area. The group's representative, Joséphine, is 36 years old and has her hand raised in the picture. Joséphine is married to Joël, a farmer. The couple have 8 children, some of whom go to school. Joséphine and Joël live together with their children and take care of the different household responsibilities together. Joséphine has had little schooling.
Joséphine has been selling various items and processing palm nuts for nearly 12 years, which enables her to meet her family's needs without too much difficulty. Joséphine would like to strengthen her business so that she can better satisfy her customers. In order to do this, Joséphine is requesting her 4th loan from ALIDé, together with the other members of the "Missebo" group, so that she can buy palm nuts, palm wine and various other items. The previous loans have been properly repaid.
Le groupe " MISSEBO " est formé de trois personnes qui sont des amies et vivent dans le même quartier. La représentante de ce groupe, nommée Joséphine, âgé 36 ans, est celle dont la main est levée sur la photo. Joséphine est marié à Joël, un cultivateur. Le couple a huit enfants, dont certains sont scolarisés. Joséphine et Joël vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Joséphine a peu fréquenté l'école. Joséphine vend divers articles, Joséphine procède aussi à la transformation des noix de palme depuis près de douze ans ; ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Dans le souci de mieux satisfaire ces clients, Joséphine désire renforcer son activité. Pour ce faire, Joséphine sollicite, ensemble avec les autres membres du groupe " MISSEBO ", un quatrième crédit auprès de ALIDé, dans le but d’acheter des noix de palme, du vin de palme et divers articles. 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.