The Hodjromede group is made up of people who live in the same neighborhood. The representative of the group, whose name is Pascaline (and is the one with her hand raised in the photo) is 36 years old and did not go to school. With the goal of raising their business level in order to better meet the demands of her clientele, the group is asking for the first time for the financial support of ALIDé. Pascaline is married to a mason by the name of Dossou. The couple has four children, none of which are in school and all of whom are in their care. Pascaline lives together with her husband and their children. Together, the couple takes care of the needs of the household. It is for this reason that for ten years, Pascaline has sold various products (rice, sugar, oil) from her home. Pascaline stocks up in the market of Benin. In order to grow the level of her business and meet the needs of her clientele, Pascaline together with the other members of Hodjromede is requesting a first loan from ALIDé.
Le groupement HADJROMEDE 1 est composé de vingt quatre personnes qui vivent dans le même quartier. La représentante de ce groupement, du nom de Pascaline (celle ayant une main levée sur la photo) est âgée de 36 ans et n’a pas fréquenté l’école. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite pour une première fois l'appui financier de ALIDé. Pascaline est mariée à un maçon du nom de Dossou. Le couple a quatre enfants, aucun de ces enfants n’est scolarisé et eux tous sont à leur charge. Pascaline vit ensemble avec son mari et ses enfants. Le couple assure ensemble les charges de la maison. C’est pour cette raison que depuis dix ans, Pascaline vend divers produits (riz, sucre, huile) à son domicile. Pascaline s'approvisionne dans un marché du Bénin. Dans le but d’accroitre le niveau de son activité et de satisfaire sa clientèle, Pascaline ensemble avec les autres membres du HADJROMEDE 1 sollicite 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.