The Sainte Bernadette group is made up of 3 people who live in the same area. The group's representative, Médédjigbé Honorine, is the one with her hand raised in the picture. Médédjigbé Honorine is 59 years old and attended school until the secondary level. Médédjigbé Honorine is married to Nobert. The couple have 2 children who both go to school. Médédjigbé Honorine lives with her husband and their children. The couple both take care of the household expenses. In order to do this, Médédjigbé Honorine has been selling drinks and various other items from her home for 25 years. Médédjigbé Honorine gets her supplies at a market in Benin. In order to satisfy her clientèle and increase her sales and revenue, Médédjigbé Honorine is requesting, together with the other members of the Sainte Bernadette group, a 2nd loan from ALIDé. The previous loan has been properly repaid.
Le groupe SAINTE BERNADETTE est composé de trois personnes qui sont dans le même quartier. La représentante du groupe, nommée Médédjigbé Honorine est celle qui a la main levée sur la photo. Médédjigbé Honorine est âgée de 59 ans. Médédjigbé Honorine a fréquenté l’école jusqu'au niveau secondaire. Médédjigbé Honorine est mariée à un certain Nobert. Le couple a deux enfants tous scolarisés. Médédjigbé Honorine vit avec son mari et ses enfants. Le couple assure ensemble les charges familiales. Pour ce faire, Médédjigbé Honorine vend des boissons et divers articles à son domicile depuis vingt cinq ans. Médédjigbé Honorine s’approvisionne dans un un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Médédjigbé Honorine sollicite ensemble avec les autres membres du groupe SAINTE BERNADETTE, 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.