The group EDJROMAHOU is composed of twenty members who reside in the same village. The group's representative, Yélian (with her hand raised in the photo), is 24 years old and did not attended school. With the goal of boosting their business in order to cope with the demands of their customer, this group is requesting financial support from ALIDé for a second time.
Yélian is a widow and live alone. To support herself, she sells food door to door. She gets her supplies from a market in Benin.
With the goal of increasing her level of business and satisfying her customers, Yélian along with the other members of the group EDJROMAHOU are requesting a second loan from ALIDé. The past loan was indeed paid back.
EDJROMAHOU est groupement composé de vingt personnes qui résident dans le même quartier. La représentante de ce groupement, du nom de Yélian (est celle ayant une main levée sur la photo) n'a pas fréquenté l'école. 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 deuxième fois l'appui financier de ALIDé. Yélian est veuve et vit seule. Pour satisfaire ses besoins, Yélian vend de la nourriture de façon ambulante. Yélian s'approvisionne dans un marché du Bénin. Dans le but d’accroitre le niveau de son activité et de satisfaire sa clientèle, Yélian ensemble avec les autres membres du groupement EDJROMAHOU sollicite un deuxième crédit auprès de ALIDé. Le prêt antérieur 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.