The Nonvignon 7 group is made up of three friends who live in the same district. The representative of the group, whose name is Assiba Fabrise Rose, is the one with her hand raised in the photo. She is 37 years old and, while she did not attend school, she learned the hairdressing trade. She is married to a man called Maurice and the couple has two children, who are both at school. The couple lives with their children. Assiba Fabrise Rose and her husband cover the family expenses between them. In order to do this, Assiba Fabrise Rose has, in addition to her hairdressing activity, been selling hair extensions and cosmetic products from her home for the past 20 years. She gets her supplies in one of Benin's markets. With a view to satisfying customer demand and in order to increase her turnover and income, Assiba Fabrise Rose is requesting, together with the other members of Nonvignon 7 group, a fourth loan from Alidé. The previous loans have been repaid in full.
Le groupe NONVIGNON 7 est composé de trois personnes qui sont des amies et qui vivent dans le même quartier. La représentante du groupe, du nom de Assiba Fabrise Rose est celle qui a la main levée sur la photo. Assiba Fabrise Rose est âgée de 37 ans. Assiba Fabrise Rose n’a pas fréquenté l’école mais a appris la coiffure. Assiba Fabrise Rose est mariée à un certain Maurice. Le couple a deux enfants, tous scolarisés. Le couple vit avec leurs enfants. Assiba Fabrise Rose et son mari assurent ensemble les charges familiales. Pour ce faire, Assiba Fabrise Rose en dehors de son activité, vend des mèches et des produits cosmétiques à son domicile depuis une vingtaine d’année. Assiba Fabrise Rose 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, Assiba Fabrise Rose sollicite ensemble avec les autres membres du groupe NONVIGNON 7, un quatrième 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.