This is a group of three women who all live in the same neighbourhood. The group representative is Irène (she has her hand raised in the photo). Irène is 38 years old and did not attend school. She is married to Inoussa and they live with their only child, who does not yet attend school. In order to contribute to the expenses of their household, Irène prepares and sells "Akpan", corn patties that are dipped in sauce. She buys her supplies at a market in Bénin. This will be the second loan for Irène and the other members of her group. They have requested this loan from the field partner, Alidé, to strengthen their businesses and retain their customers. Their previous loan has been fully repaid.
C'est un groupe composé de trois personnes qui résident dans le même quartier. La représentante du groupe, nommée Irène (celle qui a la main levée sur la photo) est âgée de 38 ans. Irène n'a pas fréquenté l’école. Irène est mariée à un certain Inoussa. Le couple a un enfant, qui n'est pas encore scolarisé. Irène vit ensemble avec son mari et son enfant. Pour faire face à ses différentes charges, Irène prépare du "Akpan (bouillie faite à base d'amidon de maïs, du sucre et du lait) à son domicile. Irène s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, et de fidéliser sa clientèle, Irène s’associe aux autres membres de son groupe pour solliciter 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.