The Jesugnon 8 group is made up of three people who are friends belonging to the same "tontine" group ("tontine" is a revolving finance system whereby each member contributes periodically an agreed amount and this is passed on in rotation to the different group members). It is the first time that this group is requesting financial aid from Alidé, with a view to increasing their business volume. The representative of the group, whose name is Yolande Dohoué, is the one raising her hand in the photo. Yolande Dohoué is 28 years old and lives in Benin. She did not go to school and is now married to a tiler called Patrick. The couple has three dependents, some of whom are at school. Yolande Dohoué lives with her husband and children.The couple cover the various household expenses between them. In order to cover her various expenses, Yoland Dohoué has been selling cheese on a door-to-door basis for the past five years. She gets her supplies in a region of Benin. With a view to satisfying customer demand and raising her turnover and income, Yolande Dohoué is requesting aloan from Alidé together with the other members of the Jesugnon 8 group.
Le groupe JESUGNON 8 est composé de trois personnes qui sont des amies et qui appartiennent à un même groupe de tontine. C'est la première 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 Yolande Dohoué est celle qui a la main levée sur la photo. Yolande Dohoué est âgée de 28 ans et vit au Bénin. Yolande Dohoué n’a pas fréquenté l’école. Yolande Dohoué est mariée à un carreleur du nom de Patrick. Le couple a trois à leur charge, dont certains sont scolarisés. Yolande Dohoué vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Pour faire face à ses diverses charges, Yolande Dohoué vend depuis cinq ans, des fromages de façon ambulante. Yolande Dohoué s’approvisionne dans une région du Benin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Yolande Dohoué sollicite ensemble avec les autres membres du groupe JESUGNON 8 , un crédit auprès de 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.