This group consists of four people who live in the same neighborhood. The leader of the group, named Appoline Marie (the one who has her hand raised in the photo) is 53 years old. Appoline Marie did not go to school. Appoline Marie is married to Marcel. The couple has five children, all in school and one under their care. Appoline Marie lives with her husband and their children. The couple takes care of the household responsibilities together. To do this, Appoline Marie has been selling cosmetic products for seventeen years. Appoline Marie gets her supplies in a market of Benin. With the goal of strengthening her business and to gain the loyalty of her clientele, Appoline Marie joined the other members of her group to request a first loan from ALIDé.
Ce groupe est composé de quatre personnes qui résident dans le même quartier. La représente du groupe, nommée Appoline Marie(celle qui a la main levée sur la photo) est âgée de 53 ans. Appoline Marie n'a pas fréquenté l’école. Appoline Marie est mariée à Marcel. Le couple a cinq enfants, tous scolarisés et un à leur charge. Appoline Marie vit avec son mari et ses enfants. Le couple assure ensemble les charges du ménage. Pour ce faire, Appoline Marie, vend des produits cosmétiques depuis dix sept ans. Appoline Marie s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, et de fidéliser sa clientèle Appoline Marie 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.