The group ST ANTOINE DE PADOU 2 is composed of seven persons who reside in the same district. This is the second time this group has requested financial aid from Alidé. The group representative, Rose Pascaline, is the one with her hand raised in the photo. She is 46 years old and married to a man named Léopold. The couple have three children, all in school and in their care. In addition to their children, the couple have another child to support. Rose Pascaline lives together with her husband and children. The couple share the different household expenses.
To help meet the different needs of the family, Rose Pascaline sells fabrics and sets of dishes on the side via the distribution system. This business enables her to meet her needs without much difficulty. She gets her supplies from a market in Benin.
Seeking to satisfy her customers and to increase her sales and revenues, Rose Pascaline is requesting along with the other members of the group ST ANTOINE DE PADOU 2 a second loan from Alidé. This loan will allow them to boost their businesses and grow their customer base and revenues. The previous loan was indeed paid back.
Le groupement ST ANTOINE DE PADOU 2 est composé de sept personnes qui résident dans un même quartier. C'est la deuxième fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupement, du nom de Rose Pascaline est celle qui a la main levée sur la photo. Rose Pascaline est âgée de 46 ans et est mariée à un certain Léopold. Le couple a trois enfants, tous scolarisés et à leur charge. En plus de leurs enfants, le couple a un autre enfant à leur charge. Rose Pascaline vit ensemble avec son mari et ses enfants. Le couple se partage les différentes charges de la maison. Pour contribuer aux différents besoins de la famille, Rose Pascaline vend des tissus et des assiettes en séries de façon secondaire par le système de distribution. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Rose Pascaline s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Rose Pascaline sollicite ensemble avec les autres membres du groupement ST ANTOINE DE PADOU 2, un deuxième crédit auprès de ALIDé. Ce prêt leur permettra de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu. 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.