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Jesutin Group
In this Group: Ablawa Rosalie, Goussi Jeanne, Elisabeth, Assiba Pulcherie, Françoise, Bernadette, Nicole, Anne Clarisse, Angèle, Edith, Josephine, Mireille, Ayabo, Pelagie, Rosine
The Jesutin group consists of fifteen women who live in the same district on the outskirts of Cotonou, Benin's economic center. They normally meet once a week to offer support in business and for loan repayments. This is their first loan with ALIDE.

Ablawa is nearly thirty years old, and lives with her husband Julien and their three children who are all schooled. For the past ten years she has sold products as a traveling saleswoman, particularly within the Pahou market. She currently sells plastic items such as washing bowls and buckets, as well as soap.

With her loan she hopes to purchase three dozen plastic buckets and six crates of soap from Tokpa, Benin's largest market. Her ambition is to have her own stall at the market, and grow her business from there.

Additional Information

About 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.

About Benin

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 474.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesutin Group's $1,750 loan helped a member to purchase plastic bowls and buckets, as well as soap, for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Mar 15, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011