The Noudonangnon group includes three individuals living in the same neighborhood. The group's representative, Gilberte (raising her hand in the photo) is 47 years old. Her husband's name is Alexandre. They have four dependent children, all in school. Gilberte did not attend school. Gilberte lives together with her husband and children and together with her husband provides for various family needs. For about 25 years, Gilbert has been selling corn, charcoal and sugar in her region of Benin. Giberte stocks up at one of Benin's markets. Gilberte and the other members of the Noudonangnon group are seeking their third loan from ALIDe in order to bolster their working capital and their business, and better respond to customer demand. Their prior loans have been properly repaid.
NOUDONANGNON est un groupe de trois personnes, dont les membres vivent dans le même quartier. La représentante du groupe, Gilberte (dont la main est levée sur la photo), est âgée de 47 ans et est mariée à un certain Alexandre. Le couple a quatre enfants, tous scolarisés et à leur charge. Gilberte n’a pas fréquenté l’école. Gilberte vit ensemble avec ses enfants et son mari et assure ensemble avec son mari les différentes charges de la maison. Depuis près de vingt cinq ans, Gilberte vend de maïs, du charbon de bois et du sucre dans sa région au Benin. Gilberte s’approvisionne dans un marché du Benin. C’est la troisième fois que Gilberte et les autres membres du groupe NOUDONANGNON sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. 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.