This group has three members, who all live in the same neighborhood. The group’s representative is called Alexandrine, and is pictured with her hand raised in the photo. She is 23 years of age, and left school when she was in secondary education. She is married to Eric, and they have one child who is not yet at school, but is under their care.
Alexandrine lives with her husband and her child, and together the couple makes sure that the various household expenses are covered. To provide for the household, Alexandrine has worked for about 15 years selling pearls on the street. She gets her supplies in a market in Bénin. In order to consolidate her business and satisfy customer demand, Alexandrine has requested a loan from ALIDé along with the other members of the group.
C'est un groupe de trois personnes, qui résident dans le même quartier. La représentante du groupe, nommée Alexandrine (celle qui a la main levée sur la photo) est âgée de 23 ans. Alexandrine a arrêté l’école au niveau secondaire. Alexandrine est mariée à Éric. Le couple a un enfant qui n’est pas encore scolarisé mais est à leur charge. Alexandrine vit avec son mari et son enfant. Alexandrine et son mari assurent ensemble les charges du ménage. Pour faire face à ses différentes charges, Alexandrine vend des perles depuis une quinzaine d'année de façon ambulante. Alexandrine s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité et de satisfaire la demande de sa clientèle, Alexandrine sollicite, ensemble avec les autres membres de son groupe, un crédit auprès de ALIDé.
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.