The group Jesus-Wegnigbe 1 is made up of 7 members who live in the same village. The representative of this group, named Afiavi (the woman pictured with her hand raised) is 38 years old.
To achieve their goal of enhancing the level of their business and to better meet the demands of their customers, this group is, for the first time, requesting the financial assistance of ALIDé.
Afiavi is married to Albert. The couple has four children, of whom some attend school and all of them are in their care. Afiavi lives together with her husband and their children. The couple works together to meet the needs of the household.
For the last five years, Afiavi has sold fabrics as a distributor in her region. She stocks up at a market in Benin. In order to enhance the level of her business and to meet the needs of her customers, Afiavi, together with the other members of Jesus-Wegnigbe 1 is requesting a first loan from ALIDé.
Le groupement JESUS-WEGNIGBE 1 est composé de huit membres qui vivent dans le même village. La représentante de ce groupement, du nom de Afiavi (est celle ayant une main levée sur la photo) est âgée de 38 ans. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite pour une première fois l'appui financier de ALIDé. Afiavi est mariée à un certain Albert. Le couple a quatre enfants, dont certains scolarisés et tous à leur charge. Afiavi vit ensemble avec son mari et ses enfants. Le couple assure ensemble les charges de la maison. Depuis cinq ans, Afiavi vend des tissus par la méthode de distribution dans sa région. Afiavi s'approvisionne dans un marché du Bénin. Dans le but d’accroitre le niveau de son activité et de satisfaire la demande de sa clientèle, Afiavi ensemble avec les autres membres du groupement JESUS-WEGNIGBE 1 sollicite 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.