The Edjromede Group comprises three women who live in the same neighbourhood. The representative of the group, Sourou Philomène, is pictured here with her hand raised. Sourou Philomène is 54 years old and lives in Bénin. She has not attended school.
Sourou Philomène is married to a gardener named Victor. The couple has five children, three of whom are in their care. All of the children are attending school. Sourou Philomène lives together with her husband and children. The couple works together to provide for the different needs of the household.
In order to meet the various needs of the household, Sourou Philomène has been selling corn, fish, and peanut oil from her home for five years. She buys her stock at a market in Bénin. Thanks to the profits she has earned through this business, she contributed to the various expenses of her household.
To satisfy her ever-growing clientele, Sourou Philomène is asking for a loan via ALIDé for the fifth time along with the other members of the Edjeromede Group. The previously issued loans were properly repaid.
Le groupe EDJROMEDE est composé de trois personnes qui résident dans le même quartier. La représentante du groupe du nom de Sourou Philomène est celle qui a la main levée sur la photo.Sourou Philomène est âgée de 54 ans et vit au Bénin. Sourou Philomène n’a pas fréquenté l’école. Sourou Philomène est mariée à un jardinier du nom de Victor. Le couple a cinq enfants dont trois sont à leur charge. Tous les enfants sont scolarisés. Sourou Philomène vit ensemble avec ses enfants et son mari. Le couple assure ensemble les diverses charges de la maison. Pour répondre aux divers besoins de la maison, Sourou Philomène vend de maïs, du poisson et de l’huile d’arachide à son domicile depuis trente cinq ans. Sourou Philomène s’approvisionne dans un marché du Benin. Grâce aux revenus que lui génère cette activité, Sourou Philomène contribue aux différentes dépenses de sa maison. Pour satisfaire aux besoins de sa clientèle de plus en plus grandissante, Sourou Philomène sollicite pour une cinquième fois un crédit auprès de ALIDé ensemble avec les autres membres du groupe EDJROMEDE. 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.