Fruits 2 Group
Bernadette is 35 years old and is married to Abel, a carpenter. The couple has three children, all of whom go to school and are under their care. Bernadette and her husband live with their children and together they are responsible for the various household expenses. Bernadette did not go to school.
For the last nine years, Bernadette has been selling prepaid phone cards, cassava flour, and other goods in a town in Benin. Bernadette procures her goods from a Benin market. This business allows her to take care of her family's needs without much difficulty. Because of her limited means, Bernadette can no longer meet the increasing demands of her customers.
For this reason and their limited resources, she and the other members of the Fruits 2 group are seeking a loan with Alide.
About AlidéAlidé 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.
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Success!! The loan was 100% repaid