The Angels of God is a group made up of three people, whose members live together in the same neighborhood in PK11 in the Sèmè-Podji commune. The representative of the group, Elisabeth (whose hand is raised in the photo) was born in 1964 in Lagos, Nigeria. Elisabeth is married to a retailer named Kola. The couple has four children, all educated and living in their care. Elisabeth and her husband moved into PK11 with their children almost seven years ago. The couple takes care of the household responsibilities together. For five years, Elisabeth has run a business selling cell phones, hair extensions and beauty products through a distribution system. Elisabeth buys her products in Nigeria and Lomé (in Togo). This business generates revenue for Elisabeth, helping her to meet the needs of her family. This is the second time Elisabeth, together with the other members of her group, has requested a loan from ALIDé. This loan will allow Elisabeth and her group to strengthen their businesses and better respond to the demands of their customers.
LES ANGES DE DIEU est un groupe de trois personnes, dont les membres vivent ensemble dans le même quartier à PK11, dans la commune de Sèmè-Podji. La représentante du groupe, Elisabeth (dont la main est levée sur la photo), est née en 1964 à Lagos au Nigéria. Elisabeth est mariée à un revendeur du nom de Kola. Le couple a quatre enfants, tous scolarisés, et vivant à leur charge. Il y a près de sept ans que Elisabeth et son mari se sont installés à PK11 avec leurs enfants. Le couple assure ensemble les charges de la maison. Depuis cinq ans, Elisabeth mène comme activité la vente de portables, des mèches et des produits de beauté par le système de distribution. Elisabeth achète se produits au Nigéria et à Lomé (au Togo). Cette activité génère à Elisabeth des revenus l’aidant à satisfaire les besoins de sa famille. C’est la deuxième fois que Elisabeth sollicite un crédit auprès de ALIDé, ensemble avec les autres membres de son groupe. Ce crédit permettra à Elisabeth et à son groupe de renforcer leurs activités et de mieux répondre aux exigences de leur clientèle.
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.