This is a group of three people who live in the same neighborhood. Their representative is Martine (with her hand raised in the photo), age 33. Martine never went to school. She is a widow who lives with her two dependent children, one of whom goes to school.
Martine is solely responsible for the household expenses. To that end, she has been selling sacks of charcoal from her home for nine years. She buys her stock at a market in Benin.
To strengthen her activity, Martine is seeking a first loan from ALIDé together with the other members of her group.
C'est un groupe composé de trois personnes qui résident dans le même quartier. La représente du groupe, nommée Martine (celle qui a la main levée sur la photo) est âgée de 33 ans. Martine n’a pas fréquenté l’école. Martine est une veuve, qui vit avec ses deux enfants. Parmi les enfants, seulement un est scolarisé et tous à sa charge. Les charges du ménage sont supportées par Martine. Pour cette raison, Martine vend des sacs de charbon de bois à son domicile depuis neuf ans. Martine s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, Martine s’associe avec les autres membres de son groupe pour solliciter un premier 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.