JESUTOGBE 2 is a group of ten individuals, whose members live in the same village. To increase their commercial activity and to better meet the demands of their customers, this group has approached ALIDé to obtain a loan. The representative of the group, Suzanne (whose hand is raised in the photo), was born in 1968 in Aguégués, Benin. Suzanne is married to a fisherman named Theodore and is the mother of three children, all attending school. Suzanne lives with her husband and children. The couple works together to pay off household expenses. Suzanne did not attend school. In order to support the family and contribute to domestic expenses, Suzanne sells porridge (made from corn) with fritters (made from wheat flour) and sugar at home. Secondarily, Suzanne sells mats. Suzanne buys her products at Dantokpa, the international market of Benin. This loan will allow Susan and her group to increase their sales and profit.
JESUTOGBE 2 est un groupe de dix personnes, dont les membres habitent ensemble dans la même agglomération. Afin d'élever le niveau de leur activité et de mieux faire face à la demande de leur clientèle, ce groupe s'est rapproché de ALIDé, en vue de l'obtention d'un crédit. La représentante du groupe, Suzanne (dont le doigt est levé sur la photo), est née en 1968 à Aguégué au Bénin. Suzanne est mariée à un pêcheur du nom de Théodore et est mère de trois enfants, tous scolarisés. Suzanne vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Suzanne n'a pas fréquenté l'école. Afin de se prendre en charge et de contribuer aux dépenses familiales, Suzanne vend de la bouillie (faite à base de maïs) accompagnée de beignets (à base de farine de blé) et du sucre à son domicile. De façon secondaire, Suzanne vend des nattes. C’est à Dantokpa, marché international du Bénin que Suzanne achète ses produits. Ce crédit permettra à Suzanne et à son groupe d’augmenter leur chiffre d’affaire et d’accroître leur profit.
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.