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Jesutogbe 2 Group
In this Group: Suzanne, Marie, Eliane, Thérèse, Edith, Rosaline, Suzanne, Philomène, Nicole
Group Jesutogbe 2 is formed of nine persons, who all reside in the same district. The group’s leader, named Suzanne, is raising her hand on the photo. It is the seventh time that this group is requesting help from ALIDé in order to increase their business.

Suzanne is a window with three children in her care; they are her own children and all attend school. Suzanne leaves alone with her children, and provides for their various needs by herself. Suzanne did not go to school. To provide for her needs, Suzanne sells akassa (a local food specialty made based on corn starch), and secondarily fried dough made from wheat flour. Suzanne gets her supplies from a stall at the market. Looking to increase customer satisfaction and revenue, Suzanne wants have a larger stock of products. To this end, Suzanne is requesting a seventh loan from ALIDé together with the other members of group Jesutogbe 2. Previous loans were punctually repaid.
View original language description ↓
Le groupe JESUTOGBE 2 est formé de neuf personnes qui résident toutes dans le même quartier. La représentante de ce groupe, nommée Suzanne, est celle dont la main est levée sur la photo. C’est la septième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Suzanne est une veuve ayant à sa charge trois enfants, qui sont ses enfants et qui sont tous scolarisés. Suzanne vit seule avec ses enfants et assure seule leurs différentes charges. Suzanne n'a pas été à l'école. Pour subvenir à ses besoins, Suzanne vend de l'akassa (aliment local fait à base d'amidon de maïs) et des beignets fabriqué à base de farine de blé de façon secondaire. Suzanne s'approvisionne dans un marché du marché. Dans la quête d'une meilleure satisfaction de sa clientèle et pour accroître son revenu, Suzanne désire augmenter le stock de ses produits. Pour ce faire, Suzanne sollicite, ensemble avec les autres membres du groupe JESUTOGBE 2, un septième crédit auprès de ALIDé. Les crédits précédents ont été bien remboursés.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 499.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesutogbe 2 Group's $2,125 loan helped a member to buy bags of corn, wheat flour, and peanut oil.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
May 9, 2013