The L'HEURE DE DIEU group is made up of three women from the same neighborhood. The group representative, named Pascaline Ayaba, has her hand raised in the photo. She is 33 years old and married to a man named Georges. The couple has two children, both in school and in their care. Pascaline Ayaba lives with her husband and children and shares the family's expenses with her husband. She left school at the primary level. For two years Pascaline Ayaba has been selling clothing, shoes, and beauty products in a Benin neighborhood. She buys her products in a market in Benin and in Togo. In order to satisfy her customers and increase her sales, Pascaline Ayaba, with the other members of the L'HEURE DE DIEU group, is requesting a first loan through ALIDé.
Le groupe L’HEURE DE DIEU est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Pascaline Ayaba, est celle dont la main est levée sur la photo. Pascaline Ayaba est âgée de 33 ans et est mariée à un certain Georges. Le couple a deux enfants tous scolarisés et à leur charge. Pascaline Ayaba vit ensemble avec son mari et ses enfants et assure ensemble avec son mari les diverses charges de la famille. Pascaline Ayaba a arrêté l'école au niveau primaire. Il y a deux ans que Pascaline Ayaba mène comme activité, la vente des vêtements, des chaussures et des produits de beauté dans un quartier du Bénin. Pascaline Ayaba s'approvisionne dans un marché du Bénin et au Togo. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d'affaire, Pascaline Ayaba sollicite ensemble avec les autres membres du groupe L’HEURE DE DIEU, un premier 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.