JESUKPEGO 14 is a group consisting of three people who all live in the same neighbourhood. The leader of the group is called Catherine and is 46 years old (she is raising her hand in the photo). Catherine is married to Mariano. The couple take care of five children, three of whom are their own. All the children go to school. Catherine lives with her children and her husband and together with her husband takes care of the household expenses. Catherine did not go to school. In order to cover the various expenses, over the past fifteen years Catherine has been running a business from her home selling grain as well as a porridge made from millet and sugar. Catherine gets her supplies from a town in Benin. In order to better meet the growing number of customer demands and to increase her profits, Catherine is requesting, together with the other members of the group JESUKPEGO 14, a third loan from ALIDé. All previous loans have been repaid.
JESUKPEGO 14 est un groupe composé de trois personnes qui résident dans le même quartier. La représentante du groupe du nom de Catherine (dont la main est levée sur la photo), est âgé de 46 ans. Catherine est mariée à un certain Mariano. Le couple a cinq enfants à charge, dont trois sont leurs propres enfants. Tous les enfants du couple sont scolarisés. Catherine vit ensemble avec ses enfants et son mari et assure ensemble avec son mari les charges de la maison. Catherine n’a pas fréquenté l’école. Pour faire face à ses différentes charges, Catherine mène comme activité la vente de céréales et de façon secondaire la vente de la bouillie faite à base de mil et de sucre à son domicile depuis une quinzaine d'année. Catherine s’approvisionne dans une ville du Benin. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et de se faire plus de profit, Catherine sollicite, ensemble avec les autres membres du groupe JESUKPEGO 14, un troisième crédit auprès de ALIDé. Les crédits reçus antérieurement ont été bien remboursés.
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.