Check out some available loans that are similar to this one!
Jesukpego Group
In this Group: Cécile, Sèlonwan Tangui, Christine, Clotilde, Jocelyne, Marguérite, Saturnin, Félicienne, Mouniratou, Dieu Donné, Jeanne, Jeanne, Antoinette
JESUKPEGO is a group consisting of 30 people and whose president (the one who has the raised hand in the photo) is named Cécile. The members of the group live in the same village. To increase their working capital, the group seeks, for the second time, a loan from ALIDé.

Cécile is 37-years-old and lives in Bénin. Cécile no longer lives with her husband but only with her three children. All of her children are in school. Cécile has very little schooling. In order to meet her needs and those of her children, Cécile conducts the business of selling chickens, ducks and snails. Alongside this activity, Cécile sells clothing. Cécile has been in this business for around ten years, enabling her to provide for the various family expenses. Cécile stocks up in one of the towns of Bénin.

This second loan will certainly allow Cécile and the other members of the JESUKPEGO group to raise the level of their activity and to increase their customer base and their income.
View original language description ↓
JESUKPEGO est un groupement constitué de treize personnes et dont la présidente(celle qui a la main levée sur la photo) se nomme Cécile. Les membres du groupe vivent dans le même village.Dans le but d’augmenter leur fonds de roulement, ce groupement sollicite pour la deuxième fois, un crédit auprès de ALIDé. Cécile est âgée de 37ans et vit au Bénin. Cécile ne vit plus avec son mari, mais seule avec ses trois enfants. Tous ses enfants sont scolarisés. Cécile a très peu fréquenté l’école. Pour subvenir à ses besoins et à ceux de ses enfants, Cécile mène comme activité la vente des poulets, des canards et des escargots. A côté de cette activité, Cécile vend des vêtements. Cécile exerce cette activité il y a une dizaine d’année environ, ce qui lui permet d’assurer les diverses charges de la famille. Cécile s’approvisionne dans l’une des villes du Bénin. Ce deuxième prêt permettra certainement à Cécile et aux autres membres du groupement JESUKPEGO de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.
.

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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 462.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesukpego Group's $1,650 loan helped a member to buy chickens, ducks and clothing.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012