The GNAMBOSSOU-GBETA V group has seven people who all live in the same neighborhood. The representative of the group, named Rosaline Afiavi, is the one whose hand is raised in the photo. It’s the third time this group is applying for financial support from ALIDé to help increase the level of their businesses. Rosaline Afiavi is 41 years old and married to a man named Vincent. The couple has three children, all who attend school and live under their care. Rosaline Afiavi lives with her children and husband. The couple handles the diverse family expenses together. Almost ten years ago, Rosaline Afiavi started selling fabrics and shoes by distribution. In the goal of reinforcing her business and to better reply to the demand of her clientele, Rosaline Afiavi wants to obtain another loan with the other members of he GNAMBOSSOU-GBETA V group.
Le groupe GNAMBOSSOU-GBETA V est formé de sept personnes qui habitent toutes dans le même quartier. La représentante de ce groupe, nommée Rosaline Afiavi, est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Rosaline Afiavi est âgée de 41 ans et est mariée à un certain Vincent. Le couple a trois enfants, tous scolarisés et vivant à leur charge. Rosaline Afiavi habite ensemble avec ses enfants et son mari. Le couple assure ensemble les diverses charges familiales. Il y a près de dix ans que Rosaline Afiavi mène comme activité la vente de tissus et de chaussures par le système de distribution. Dans le but de renforcer son activité et de mieux répondre à la demande de sa clientèle, Rosaline Afiavi désire obtenir un autre financement, ensemble avec les autres membres du groupe GNAMBOSSOU-GBETA V.
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.