This group is composed of six persons who reside in the same district. Moulikatou Abikètou (with her hand raised in the photo) is the group's representative. She is 53 years old and a widow with three children, not all in school and two in her care.
Moulikatou Abikètou lives alone with her children. She did not attend school. To cope with her different expenses and to feed her family, Moulikatou Abikètou has had a business selling charcoal and condiments out of her home for twenty years. She gets her supplies from a market in Benin.
With the goal of bolstering her business, Moulikatou Abikètou is joining with the other members of her group to request an initial ALIDé loan.
Ce groupe est composé de six personnes qui résident dans le même quartier. Moulikatou Abikètou (celle qui a la main levée sur la photo), est la représente de ce groupe. Moulikatou Abikètou âgée de 53 ans, est veuve avec trois enfants. Parmi les enfants, certains sont scolarisés et deux à sa charge. Moulikatou Abikètou vit seule avec ses enfants. Moulikatou Abikètou n’a pas fréquenté l’école. Pour faire face à ses différentes charges et nourrir sa famille, Moulikatou Abikètou mène comme activité la vente de charbons de bois et des condiments à son domicile depuis vingt ans. Moulikatou Abikètou s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, Moulikatou Abikètou s’associe aux 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.