This group is composed of two persons who reside in the same district. The group's representative, Flavien (with his hand raised in the photo), is 50 years old. Flavien has a middle school education. He is married to a retailer name Pauline. The couple have three children, all in school and in their care. Flavien lives with his wife and his children. He and his wife jointly ensure that the diverse household expenses are covered. To meet family needs, he produces and markets mineral water, commonly called Pure Water, for eight years out of his home. On the side, he is an accountant's assistant in a local organization. He gets his supplies from a market in Benin. With the goal of bolstering his business, Flavien joined with the other member of his group to request an initial loan from ALIDé.
Ce groupe est composé de deux personnes qui résident dans le même quartier. Le représentant du groupe, nommée Flavien (celui qui a la main levée sur la photo) est âgé de 50 ans. Flavien a fréquenté l'école jusqu'au niveau secondaire. Flavien est marié à une revendeuse du nom de Pauline. Le couple a trois enfants, tous scolarisés et à leur charge. Flavien vit avec sa femme et ses enfants. Flavien et sa femme assurent ensemble les diverses charges de la maison. Pour répondre aux besoins de sa famille, Flavien produit et commercialise de l'eau minérale communément appelée Pure Water depuis huit ans à son domicile. De façon secondaire, Flavien exerce la fonction d'aide comptable dans une structure de la place. Flavien s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, Flavien 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.