The Wangninan-Hinde 4 Group is made up of ten people who all live in the same neighbourhood. The group representative is Régine Fidèle (with her hand raised in the photo). She is 22 years old and did not attend school. Régine Fidèle is married to Ange, a driver. The couple live with their only child who does not attend school, and together they provide for the support of their household. To do this, Régine Fidèle has sold charcoal from her home for the past year. She buys her supplies at a market in Bénin.
In order to improve her business and meet the demands of her customers, Régine Fidèle, and the other women of her group, have requested a second loan from the field partner, Alidé. The previous loan has been fully repaid.
Le groupement WANGNINAN-HINDE 4 est composé de dix personnes qui résident dans le même quartier. La représentante du groupe, nommée Régine Fidèle (celle qui a la main levée sur la photo) est âgée de 22 ans. Régine Fidèle n’a pas fréquenté l’école. Régine Fidèle est mariée à un chauffeur nommé Ange. Le couple a un enfant, qui n'est pas scolarisé mais à leur charge. Régine Fidèle vit avec son mari et son enfant. Les charges de ménages sont supportées par le couple. Pour ce faire, Régine Fidèle vend du charbon de bois à son domicile depuis un an. Régine Fidèle s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité, et de satisfaire la demande de sa clientèle Régine Fidèle ensemble avec les autres membres du groupement WANGNINAN-HINDE 4 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.