The Jesutogbe 1 group comprises eight people who all live in the same town in Benin and run complementary businesses. The group leader, Philomène (with the raised hand in the photo), is 41 years old and married to a tailor named Antonin. The couple have four children, all of whom are in their care and attend school. Philomène and her husband live together with their children. Philomène only attended primary school. For close to 25 years, she has run a business selling various items and rechargeable phone cards at her home. In addition, she also sells ice water at her home; this allows her to provide for herself and her children without too much difficulty. Philomène gets her supplies in Benin. With the goal of satisfying her clientele, she is seeking a loan along with the other members of the Jesutogbe 1 group. This loan will allow them to better respond to the needs of their clientele and generate greater profits.
JESUTOGBE 1 est un groupe de huit personnes, dont les membres résident dans la même agglomération au Bénin et mènent des activités complémentaires. La représentante du groupe, Philomène(dont la main est levée sur la photo), est âgée de 41 ans et est mariée à un tailleur du nom de Antonin. Le couple a quatre enfants, tous scolarisés et à leur charge. Philomène et son mari vivent ensemble avec leurs enfants. Philomène n'a fréquenté que l'école primaire. Il y a près de vingt cinq ans que Philomène mène comme activité la vente de produits divers et des cartes de recharges téléphoniques à son domicile. De façon secondaire, Philomène vend de l'eau glacée à son domicile ; ce qui lui permet de subvenir sans grande difficulté à ses besoins et à ceux de ses enfants. Philomène s’approvisionne au Bénin. Dans la quête de la satisfaction de sa clientèle, Philomène sollicite un crédit avec les autres membres du groupe JESUTOGBE 1. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.
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.