Aurelle Diaz's Group
To meet her family's needs, Aurelle Diaz sells pagnes [colorful fabrics], which she procures from a large market and resells in her village. In addition, she is developing another business where she sells hair extensions.
With the goal of developing this business, Aurelle Diaz has joined the other members of this group to ask for their first loan through Alide.
La représentante du groupe, Aurelle Diaz (celle qui a la main levée sur la photo) est âgée de 25 ans. Aurelle Diaz est mariée avec Aimé qui poursuit ses études de juriste. Ensemble ils ont eu un enfant qui va à l'école.
Pour assurer les charges de la famille, Aurelle Diaz vend des pagnes qu'elle se procure au grand marché pour les revendre dans son village. En parallèle, elle développe aussi une activité de vente de mèches de cheveux. Dans le but de développer son activité, Aurelle Diaz s’associe avec les autres membres du groupe pour solliciter un premier crédit auprès de ALIDé.
About AlidéAlidé 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.
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Success!! The loan was 100% repaid