The IFE group is composed of three friends. M. Odounyêmi (the one raising her hand in the photo) is the group’s representative. She is 29 years old. She stopped attending school at the secondary level. Her husband’s name is Djamil Deen. They have three children, some of whom are in school, and no [other] dependants. M. Odounyêmi lives together with her husband and children. The spouses jointly provide for household needs. In order to do so, M. Odounyêmi has been selling charcoal and coal in her region for four years. She stocks up at a market in Benin. With the goal of strengthening her business, M. Odounyêmi, together with the other members of the IFE group, is seeking a fourth loan from ALIDé. Their prior loans have been duly repaid.
Le groupe IFE est composé de trois personnes, qui sont des amies. M. Odounyêmi(celle qui a la main levée sur la photo), est la représente de ce groupe. M. Odounyêmi âgée de 29 ans a fréquenté l'école jusqu'au niveau secondaire. M. Odounyêmi est mariée à certain Djamil Deen. Le couple a trois enfants, dont certains scolarisés et aucun à leur charge. M. Odounyêmi vit avec son mari et ses enfants. les charges du ménages sont supportées par le couple. Pour cela M. Odounyêmi vend du charbon et du maïs dans sa région depuis quatre ans. M. Odounyêmi s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, M. Odounyêmi s’associe avec les autres membres du groupe IFE pour solliciter un quatrième crédit auprès de ALIDé. Les prêts antérieur ont été bien remboursés.
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.