The Ayidote De So-Kpa group is made up of three people who are long-time friends. The representative of the group, who is named Ayaba Sibiatou Denise, is the one whose hand is raised in the photo.
Ayaba Sibiatou Denise is 52 years old and a widow. She went to school until the secondary level. She has three children, who have all been to school and who are now no longer under her care. She lives alone.
In order to meet her needs, Ayaba Sibiatou Denise has been selling personal care products (toothpaste, toothbrushes, etc.) and fabrics for ten years. She procures her goods in a market in Benin.
In order to satisfy her customers and to increase her sales and earnings, Ayaba Sibiatou Denise is asking, together with the other members of the Ayidote De So-Kpa group, for their sixth loan with Alide. Their previous loans have all been re-paid.
Le groupe AYIDOTE DE SO-KPA est composé de trois personnes qui sont des amies de longue date. La représentante du groupe, du nom de Ayaba Sibiatou Denise est celle qui a la main levée sur la photo. Ayaba Sibiatou Denise est âgée de 52 ans et a fréquenté l’école jusqu'au niveau secondaire. Ayaba Sibiatou Denise est une veuve. Ayaba Sibiatou Denise a trois enfants tous scolarisés. Les enfants de Ayaba Sibiatou Denise ne sont plus à sa charge. Ayaba Sibiatou Denise vit seule. Afin de répondre à ses besoins, Ayaba Sibiatou Denise vend des produits de soins (pâtes dentifrices, brosses à dents) et des tissus depuis dix ans. Ayaba Sibiatou Denise s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Ayaba Sibiatou Denise sollicite ensemble avec les autres membres du groupe AYIDOTE DE SO-KPA, un sixième 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.