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Yayra Group
In this Group: Jeanne , Aïssatou, Pélagie
The group YAYRA comprises three persons who reside in the same district. This is the fourth time this group has requested financial aid from ALIDé to boost their business. The group's representative, Jeanne, is the one in the photo with her hand raised. She is 32 years old and lives in Benin. She dropped out of secondary school and then learned how to style hair.

Jeanne is married to a man named Eric. They have one child, who is in school and in their care. Jeanne lives together with her child and husband, and she jointly ensures the diverse household expenses are covered.

To ensure the expenses are covered, Jeanne has been running a hair salon for about twelve years. At the same time, she sells hair extensions and cosmetic products. She gets her supplies at a market in Benin.

Seeing to satisfy her customers and to increase her sales and her revenues, Jeanne, along with the other members of her group YAYRA, is requesting a fourth loan from ALIDé.
View original language description ↓
Le groupe YAYRA est composé de trois personnes qui résident dans le même quartier. C'est la quatrième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Jeanne est celle qui a la main levée sur la photo. Jeanne est âgée de 32 ans et vit au Bénin. Jeanne a arrêté l’école au niveau secondaire, puis a appris la coiffure. Jeanne est mariée à un certain Eric. Le couple a un enfant qui est scolarisé et qui est à leur charge. Jeanne vit ensemble avec son enfant et son mari et assure ensemble les diverses charges de la maison. Afin d'assurer ses diverses charges, Jeanne exerce son activité de coiffure depuis une douzaine d'année. Parallèlement, Jeanne vend des mèches et des produits cosmétiques. Jeanne s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Jeanne sollicite ensemble avec les autres membres du groupe YAYRA, un quatrième crédit auprès de ALIDé.

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
  • 491.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Yayra Group's $925 loan helped a member to buy hair extensions and cosmetic products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013