The group FIFFAWA comprises eleven persons who all live in the same district in Benin. The group's representative, Adjouavi Edith Cyprienne, is the one in the photo with her hand raised. She is 47 years old and married to a man named Didier. The couple have two children, both in school and in their care.
Adjouavi Edith Cyprienne has never attended school. To meet her needs and those of her family, she sells clothing and charcoal on the side, via the distribution system. She gets her supplies from Togo and Benin. This is the fourth time Adjouavi Edith Cyprienne and the other members of the group FIFFAWA have requested a loan from ALIDé. This loan will enable them to bolster their businesses in order to respond better to the demands of their customers.
Le groupement FIFFAWA est formé de onze personnes qui habitent toutes dans le même quartier au Bénin. La représentante de ce groupe, nommée Adjouavi Edith Cyprienne est celle dont la main est levée sur la photo. Adjouavi Edith Cyprienne est âgée de 47 ans. Adjouavi Edith Cyprienne est mariée à un certain Didier. Le couple a deux enfants, tous scolarisés et à leur charge. Adjouavi Edith Cyprienne n'a jamais été à l'école. Pour subvenir à ses besoins et à ceux de sa famille, Adjouavi Edith Cyprienne vend des vêtements et du charbon de bois de façon secondaire, par le système de distribution. Adjouavi Edith Cyprienne s’approvisionne au Togo et au Bénin. C’est la quatrième fois que Adjouavi Edith Cyprienne et les autres membres du groupe FIFFAWA sollicitent un crédit auprès de ALIDé. Ce crédit leur permettra de renforcer leur activité afin de mieux répondre à la demande de leur clientèle.
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.