This group is made up of three people who live in the same neighborhood. The representative of the group is Lokossou Claire (pictured with her hand raised) who is 38 years old. Lokossou Claire is married to a reseller named Clément. Together they have three children, all of whom attend school and whom they support. Lokossou Claire lives with her husband and children, and together she and her husband take care of the household expenses.
It is for this reason that she has been selling phone recharge cards and charcoal from her home for fourteen years. She stocks up with wholesalers in her region. In order to expand her business, Lokossou Claire joined with the other members of her group to request this first group loan from ALIDé.
Ce groupe est composé de trois personnes qui résident dans le même quartier. La représentante du groupe, nommée Lokossou Claire (celle qui a la main levée sur la photo) est âgée de 38 ans. Lokossou Claire est mariée à un revendeur du nom de Clément. Le couple a trois enfants, tous scolarisés et à leur charge. Lokossou Claire vit avec son mari et ses enfants. Les charges du ménages sont supportées par Lokossou Claire et son mari. C'est pour cette raison que dame Lokossou Claire vend des cartes de recharges téléphoniques et du charbon de bois à son domicile depuis quatorze ans. Lokossou Claire s'approvisionne chez les grossistes de sa région. Dans le but de renforcer son activité, Lokossou Claire 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.