DJROMAHOUTON is a group of eleven people whose leader’s name is Noel (the one who is raising his hand in the photo). The group members live in the same village. In the goal of increasing their working capital, this group is seeking their first loan from ALIDé. Noel is 35 years old and lives in Benin. Noel is married to a saleswoman named Léonie. The couple take care of four children. Some of the children attend school. Noel has never gone to school. In order to provide for his family, Noel raises and sells sheep and ducks. Noel has been doing this for twenty years, which allows him and his wife to provide for their family. Noel stocks up on animal feed in one of Benin’s cities. This first loan will certainly allow Noel and the other members of the DJROMAHOUTON group to raise the level of their business and to increase their clientele and revenue.
DJROMAHOUTON est un groupement constitué de onze personnes et dont le représentant(celui qui a la main levée sur la photo) se nomme Noel. Les membres du groupement vivent dans le même village. Dans le but d’augmenter leur fonds de roulement, ce groupement sollicite pour la première fois, un crédit auprès de ALIDé. Noel est âgée de 35 ans et vit au Bénin. Noel est marié à une revendeuse du nom de Léonie. Le couple a quatre enfants tous à leur charge. Certains des enfants sont scolarisés. Noel n'a jamais été à l'école. Pour subvenir à ses besoins et à ceux de sa famille, Noel élève et vend des moutons et des canards. Noel exerce cette activité depuis vingt ans, ce qui lui permet ensemble avec sa femme, d’assurer les diverses charges de la famille. Noel s’approvisionne en provende pour ses animaux dans l'une des villes du Bénin. Ce premier prêt permettra certainement à Noel et aux autres membres du groupement DJROMAHOUTON de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.
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.