NONVIGBE is a group made up of three members who live in the same neighborhood. The facilitator of the group, Eudoxie, is 47 years old and raising her hand in the photo. She is married to a man named Léon. Eudoxie and Léon have three children, all in school and all their dependents. Eudoxie lives with her husband and children. The couple takes care of the various household expenses together. Eudoxie left school at the secondary level. In order to cover her diverse expenses, she has been selling maize and seasonal fruits, in her region, for the past ten years. She stocks up at a market in Benin. In order to boost her business and to better meet the needs of her customers, she is requesting a fourth loan from ALIDé, along with the other members of the NONVIGBE group. Previous loans were duly repaid.
NONVIGBE est un groupe de trois personnes, dont les membres vivent dans le même quartier. La représentante du groupe, Eudoxie (dont la main est levée sur la photo), est âgée de 47 ans. Eudoxie est mariée à un certain Léon. Le couple a trois enfants tous scolarisés et à leur charge. Eudoxie vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Eudoxie a arrêté l’école au niveau secondaire. Pour faire face à ses différentes charges, Eudoxie vend depuis dix ans, du maïs et des fruits de saison dans sa région. Eudoxie s’approvisionne dans un marché du Bénin. Dans le but de renforcer son activité et de mieux satisfaire aux exigences de sa clientèle, Eudoxie sollicite ensemble avec les autres membres du groupe NONVIGBE un quatrième crédit auprès de ALIDé. Les crédits reçus antérieurement ont été bien remboursés.
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.