This group is made up of three members who are friends and who live in the same district. The group representative, Diane Ermione (the woman with her hand raised in the photo), is 28 years old and did not have the opportunity to attend school. Diane Ermione no longer lives with her husband.
Diane Ermione has one child, who receives an education and who lives under her care. Diane Ermione lives alone with her child. The various household expenses are met by Diane Ermione. In order to meet her child's and her own expenses, Diane Ermione has been selling clothes as a travelling vendor for the past three years. Diane Ermione gets her supplies from a market in Bénin. In her quest to satisfy her customers, Diane Ermione, together with the other members of her group, are requesting their first loan from Alidé.
Ce groupe est composé de trois personnes, qui sont des amies et résident dans le même quartier. La représentante du groupe Diane Ermione (celle dont la main est levée sur la photo) âgée de 28 ans n’a pas fréquenté l’école. Diane Ermione ne vit plus avec son mari. Diane Ermione a avec un enfant, scolarisé et à sa charge. Diane Ermione vit seule avec son enfant. Les diverses charges de la maison sont assumées par dame Diane Ermione. Pour ce faire, Diane Ermione vend des friperies de façon ambulante depuis trois ans, ce qui lui permet de répondre aux besoins de son enfant et à ses propre besoins. Diane Ermione s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Diane Ermione ensemble avec les membres de son groupe sollicite pour la première fois un 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.