This group is composed of three persons who reside in the same district. The group's representative, Delphine (with her hand raised in the photo), is 34 years old and did not have much schooling. This is the first time she has requested financial support from ALIDé. She is married to a retailer named Léandre. The couple have three children, in school and in their care. She lives together with her husband and children.
Delphine and her husband jointly ensure that the diverse family expenses are covered. To do so, she has been hawking products (cookies, soap, honey, and dried yams) for twelve years. She gets her supplies from a market in Benin. With the goal of bolstering her business and satisfying customer demands, Delphine, along with the other members of her group, is requesting financial support from ALIDé for the first time.
Ce groupe est un composé de trois personnes qui résident dans le même quartier. La représentante du groupe, Delphine(celle qui a la main levée sur la photo),âgée de 34 ans a très peu fréquenté l’école. C’est la première fois que Delphine sollicite l’appui financier de ALIDé. Delphine est mariée à un revendeur du nom de Léandre. Le couple a trois enfants, scolarisés et à leur charge. Delphine vit ensemble avec son mari et ses enfants. Delphine et son mari assurent ensemble les diverses charges familiales. Pour ce faire, Delphine vend divers produits(des biscuits, du savon, du miel et de l'igname séché de façon ambulante depuis douze ans. Delphine s’approvisionne dans un marché du Bénin. Dans le but de renforcer son activité et de satisfaire la demande de sa clientèle, Delphine ensemble avec les membres de son groupe sollicitent pour la première fois l’appui financier 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.