The Egadou Fioh group is made up of three people who live in the same district. It is the fourth time that this group has requested financial aid from Alidé, with a view to increasing their business volume. The representative of this group, whose name is Abla Mawussé, is the one with her hand raised in the photo. Abla Mawussé is 26 years old and married to a painter called Richard. The couple has three children, two of whom are dependents. All the children are educated. Abla Mawussé lives with her children. The couple cover the various household expenses between them. In order to manage this, Abla Mawussé sells clothes and shoes in a shop in Benin. She gets her supplies in a Benin market and sometimes in Lomé. With a view to satisfying customer demand and increasing her turnover and income, Abla Mawussé is, together with the other members of the Egadou Fioh group, requesting a fourth loan from Alidé. The previous loans were all repaid in full.
Le groupe EGADOU FIOH est composé de trois personnes qui vivent dans le même quartier. C'est la quatrième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante de ce groupe, du nom de Abla Mawussé est celle qui a la main levée sur la photo. Abla Mawussé est âgée de 26 ans et est mariée à un peintre du nom de Richard. Le couple trois enfants dont deux sont à leur charge. Tous les enfants sont scolarisés. Abla Mawussé vit ensemble avec ses enfants. Les diverses charges de la maison sont assurées par les deux ensembles. Pour y parvenir, Abla Mawussé mène comme activité, la vente de vêtements et de chaussures dans une boutique au Benin. Abla Mawussé s’approvisionne dans un marché du Benin et parfois à Lomé. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Abla Mawussé sollicite ensemble avec les autres membres du groupe EGADOU FIOH, un quatrième crédit auprès de ALIDé. Les prêts précédents 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.