ADJA-YA Group is made up of three members, who belong to a "tontine" group. The group's representative is named Rachidath. She's the one raising her hand in the photograph.
Rachidath, age 32, is married to one Adiou. They have three school-attending children to support. Rachidath lives together with her husband and her children. She gets help form her husband to cover the family's expenses.
To cover her expenses, Rachidath has been selling pharmaceutical products and other items, such as canned beverages, for ten years. She gets her supplies in a market in Benin.
In order to bolster her business and meet customer demand, Rachidath, together with the other members of her group, is seeking a second loan from Kiva's partner, ALIDé. The first loan was repaid without problems.
ADJA-YA est un groupe de trois personnes, dont les membres appartiennent à un groupe de tontine. La représentante du groupe, nommée Rachidath est celle qui a la main levée sur la photo. Rachidath est âgée 32 ans et est mariée à un certain Adiou. Le couple a trois enfants tous scolarisés et à leur charge. Rachidath vit ensemble avec son mari et ses enfants. Rachidath se fait aider par son mari dans les charges de la famille. Pour faire face à ses charges, Rachidath exerce comme activité la vente des produits pharmaceutiques et d'autres produits tels que les boissons en cannettes depuis dix ans. Rachidath s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité et de satisfaire la demande de sa clientèle, Rachidath s’associe avec les autres membres du groupe ADJA-YA pour consentir un deuxième crédit auprès de ALIDé. Le prêt antérieur a été bien remboursé.
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.