The FIFA CHRISTON 1 group is made up of fourteen members who live in the same neighborhood. It is the second time that this group is requesting financial assistance from ALIDé in order to raise its level of activity.
Houé Clémentine, the group's representative, is the woman raising her hand in the photo. She is 42 years old and married to a man named Alexis. They have no children. Houé Clémentine lives with her husband and shares with him the various household expenses.
In order to cover these expenses, Houé Clémentine has been selling fabrics and sewing supplies for six years. This activity allows her to meet her needs. She buys her supplies at a market located in Benin.
Eager to satisfy the needs of her customers, and to increase her turnover and income, she is requesting a second loan from ALIDé, along with the other members of the FIFA CHRISTON 1 group. The group's previous loan was duly repaid.
Le groupement FIFA CHRISTON 1 est composé de quatorze personnes qui habitent le même quartier. C'est la deuxième fois que ce groupe sollicite l'aide financier de ALIDé afin d’élever le niveau de leur Le activité. La représentante du groupe, du nom de Houé Clémentine est celle qui a la main levée sur la photo. Houé Clémentine est âgé de 42 ans et est mariée à un certain Alexis. Le couple n'a pas d'enfant. Houé Clémentine vit ensemble avec son mari. Les diverses charges de la maison sont assurées par Houé Clémentine et son mari. Pour y parvenir, Houé Clémentine mène comme activité depuis six ans la vente de tissus et les produits de mercerie. Ces activités lui permettent de subvenir à ses besoins. Houé Clémentine s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Houé Clémentine sollicite ensemble avec les autres membres du groupement FIFA CHRISTON 1 un deuxième crédit. 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.