LUMIÈRE DE DIEU Group is made up of three people who are members of the same artisans' association. The group's representative is named Sohè Frédéric. He is the one raising his hand in the photograph.
He is married to a reseller named Célestine. The couple has five children. In addition, they have another child in their care. They all live together. Some of the children go to school. The couple makes sure together that the household expenses gets covered.
To this effect, Sohè Frédéric works as a tailor in his workshop. In order to bolster his business and better meet his clientele's expectations, Sohè Frédéric, together with the other members of the group, is seeking financial support from Kiva's partner, ALIDé, for the fourth time. The previous loans were repaid without problems.
Le groupe LUMIÈRE DE DIEU est formé de trois personnes qui appartiennent à une même association des artisans. Le représentant de ce groupe, nommé Sohè Frédéric, est celui dont la main est levée sur la photo. Sohè Frédéric est marié à une revendeuse du nom de Célestine. Le couple a cinq enfants. En plus de leurs enfants, le couple a un autre enfant à sa charge. Certains parmi ces enfants sont scolarisés. Le couple vit ensemble avec leurs enfants. Sohè Frédéric et sa femme assure ensemble les différentes charges de la maison. Pour ce faire, Sohè Frédéric exerce comme activité la couture dans son atelier. Dans le but de rehausser son activité et de mieux répondre aux exigences de sa clientèle, Sohè Frédéric et les membres du groupe LUMIÈRE DE DIEU sollicite pour une quatrième fois l'aide 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.