This group is made up of three people who all live in the same neighbourhood. The group representative is Annielle (seen in the photo with her hand raised). She is 37 years old and attended school up to secondary level. Annielle is married to Vincent and the couple live with their child, who currently attends school. Between them, the couple provide for the needs of their household.
Annielle has been selling food products locally for around ten years. She buys her supplies at a market in Benin. Annielle and the other members of the group would like to strengthen their businesses so they have requested a second loan from the field partner, Alidé. The previous loan was fully and correctly repaid.
Ce groupe est composé de trois personnes qui résident dans le même quartier. La représentante du groupe, du nom de Annielle (celle qui a la main levée sur la photo) âgée de 37 ans a fréquenté l'école jusqu’au niveau secondaire. Annielle est mariée à un certain Vincent. Le couple a un enfant, scolarisés et à leur charge. Annielle vit avec son mari et son enfant. Les diverses charges familiales sont supportées par Annielle et son mari. Pour ce faire Annielle vend des produits vivriers depuis dix ans environ dans sa région. Annielle s’approvisionne dans un marché du Bénin. Dans le but de renforcer son activité Annielle ensemble avec les membres de son groupe sollicitent 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.