HINVITON is a group composed of three persons who live together. The representative of the group, Akouavi F. Omonlda N. (seen with her hand raised in the photo) is 30 years old. She did not attend much schooling. She is divorced and has one child whom she takes care of, who attends school. She lives with her child, and takes her of her family's needs. In order to do so, she has been selling second hand clothes from her home for the past two years. She stocks up at the market in Benin. In order to better respond to the requests from an increasing customer based, Akouavi F. Omonlda N. is asking for her second loan from Alidé, along with the other members of the HINVITON. The previous loan was successfully reimbursed.
HINVITON est un groupe composé de trois personnes qui sont des cohabitantes. La représentante du groupe du nom de Akouavi F. Omonlda N. (celle dont la main est levée sur la photo), est âgée de 35 ans. Akouavi F. Omonlda N. a très peu fréquenté l’école. Akouavi F. Omonlda N. est divorcée avec un enfant scolarisé et à sa charge. Akouavi F. Omonlda N. vit avec son enfant. Akouavi F. Omonlda N. assure seule les charges de la maison. Pour faire face à cela, Akouavi F. Omonlda N. vend des friperies( habits)à son domicile depuis deux ans. Akouavi F. Omonlda N. s’approvisionne dans un marché du Bénin. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses, Akouavi F. Omonlda N. sollicite ensemble avec les autres membres du groupe HINVITON, 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.