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Jesutogbe 1 Group
In this Group: Kadégnon Philomène, Léocadie, Reine, Geneviève Naomou, Christine, Bocoyo, Pauline
The Jesutogbe 1 group has seven members, who all live in the same neighborhood. The group’s representative is called Kadégnon Philomène, and is pictured with her hand raised in the photo. This is the eighth time that this group has requested financial support from Alidé to expand their activity.

Kadégnon Philomène is 42 years of age and is married to Andonin. The couple has four children in their care, all of whom are at school. Kadégnon herself did not go to school. She lives together with her family, and with her husband covers the household needs. Kadégnon Philomène has worked selling miscellaneous products for about ten years, and gets her supplies from a market in Benin. To increase the stock of her products and better meet the needs of her customers, Kadégnon Philomène has requested this eighth loan from Alidé together with the other members of the Jesutogbe 1 group. All their previous loans have been successfully repaid.
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Le groupe JESUTOGBE 1 est formé de sept personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Kadégnon Philomène, est celle dont la main est levée sur la photo. C’est la huitième fois que ce groupe sollicite l’appui financier d’ALIDé en vue d’élever le niveau de leur activité. Kadégnon Philomène est âgée de 42 ans et est mariée à un certain Andonin. Le couple a quatre enfants, tous scolarisés et à leur charge. Kadégnon Philomène n’a pas fréquenté l’école. Kadégnon Philomène vit ensemble avec sa famille et subvient ensemble avec son mari aux besoins du ménage. Kadégnon Philomène mène comme activité depuis une dizaine d'année la vente de divers. Kadégnon Philomène s’approvisionne dans un marché du Benin. Dans le but d’augmenter le stock de ses produits et de mieux répondre à la demande de sa clientèle, Kadégnon Philomène désire obtenir un huitième crédit auprès de ALIDé, ensemble avec les autres membres du groupe JESUTOGBE 1. 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
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesutogbe 1 Group's $1,725 loan helped a member to buy miscellaneous articles.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
May 17, 2012
Currency Exchange Loss:
Possible
Ended:
May 11, 2013