The Trinite 1 group consists of four people who live in the same neighborhood. The representative of the group, Yolande Nadou, is the one with her hand raised in the photo. Yolande Nadou is 44-years old and stopped attending school at the secondary level. She is married to Moumouni and they have one child who attends school and is their dependent. Yolande Nadou lives with her husband and her child. Together, the couple takes care of the household expenses. To meet her different responsibilities, Yolande Nadou has sold fabric by distribution for nearly 20 years. Yolande Nadou stocks up at a market in Benin. In order to strengthen her business and to better respond to customer needs, Yolande Nadou wants to increase her inventory of goods. To do this, she and the other members of Trinite 1 Group are asking for a second loan from Alide.
Le groupe LA TRINITE 1 est formé de quatre personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Yolande Nadou, est celle dont la main est levée sur la photo. Yolande Nadou est âgée de 44 ans et a arrêté l’école au niveau secondaire. Yolande Nadou est marié à un certain Moumouni. Le couple a un enfant scolarisé et à leur charge. Yolande Nadou vit ensemble avec son mari et son enfant. Le couple assure ensemble les charges de la maison. Pour faire face à ses différentes charges, Yolande Nadou vend des tissus depuis près de vingt ans par la méthode de distribution. Yolande Nadou s’approvisionne dans un marché du Bénin. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Yolande Nadou désire augmenter le stock de ses produits. Pour ce faire, Yolande Nadou sollicite ensemble avec les autres membres du groupe la TRINITE 1, un deuxième crédit auprès de ALIDé.
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.