AGBAN-LIN is a group with three members, who all live together.
The leader of the group, Honorine Julienne Cica (whose hand is raised in the photo), is 44 years old. She is a widow and has four children, three of whom are still dependent and some of whom go to school.
Honorine Julienne Cica herself attended school to secondary level and it is nearly 15 years since she started her business selling yam fries from home. She does this in order to provide for her own needs and those of her children. She buys her supplies in a market in Benin.
In order to improve customer satisfaction, Honorine Julienne Cica is requesting a third loan, along with the other members of the AGBAN-LIN group. This loan will help her to meet customer demand and make a bigger profit. The previous loans have all been repaid in full.
AGBAN-LIN est un groupe de trois personnes, qui sont des cohabitantes. La représentante du groupe, Honorine Julienne Cica (dont la main est levée sur la photo), est âgée de 44 ans. Honorine Julienne Cica est veuve. Honorine Julienne Cica à quatre enfants dont trois à sa charge et certains scolarisés. Honorine Julienne Cica a fréquenté l’école jusqu'au secondaire. Il y a près de quinze ans que Honorine Julienne Cica mène comme activité la vente de frites d'ignames à son domicile. Honorine Julienne Cica mène cette activité afin de pouvoir à ses besoins ainsi qu’à ceux de ses enfants. Honorine Julienne Cica s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Honorine Julienne Cica sollicite un troixième crédit avec les membres du groupe AGBAN-LIN. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. les prêts antérieurs ont été bien rembourser.
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.