"WANGNIN A9" is a group composed of three persons who are friends living in the same district. The group's representative, Cécile (with her hand raised in the photo) is 42 years old. She did not attend school, and she is married to a mason named Noutin. The couple have six children, not all in school but all in their care. Cécile lives with her husband and children. The household expenses are covered by the couple. For this reasons, Cécile has been selling condiments and fish out of her home for sixteen years. Secondarily, she sells corn and 'gari' (cassava flour). She gets her supplies from a market in Benin.
With the goal of diversifying her business and earning a loyal customer base, Cécile joined with the other members of the group "WANGNIN A9" to request a second loan from ALIDé. The first loan was indeed paid back.
WANGNIN A9 est un groupe composé de trois personnes qui sont des amies et vivent dans le même quartier. La représente du groupe, nommée Cécile(celle qui a la main levée sur la photo) est âgée de 42 ans. Cécile n'a pas fréquenté l’école. Cécile est marié à un maçon du nom de Noutin. Le couple a six enfants, dont certains scolarisés et tous à leur charge. Cécile vit avec son mari et ses enfants. Les charges du ménage sont assurées par le couple. C'est pour cette raison que, Cécile vend à son domicile des condiments et du poisson depuis seize ans. De façon secondaire, Cécile vend du maïs et du gari(farine de manioc). Cécile s'approvisionne dans un marché du Bénin. Dans le but de diversifier son activité, et de fidéliser sa clientèle Cécile s’associe aux autres membres du groupe WANGNIN A9 pour solliciter un deuxième crédit auprès de ALIDé. Le premier prêt 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.