The DJROMAHUTON group is comprised of three female friends. The representative of the group, named Eriyomi, can be seen in the photo with her hand raised. This is the second time that the group is asking for a loan from ALIDé in order to increase the level of activity of their business. Eriyomi is 26 years old and married to a blacksmith named Youssouf. Le couple have two children that they care for, one of whom attends school. Eriyomi never attended school, and shares the responsibility of the family expenses along with her husband. For the past 5 years she has been selling necklaces and hair products principally, as well as bags and cloth through distribution channels. The group stocks up on products in Lomé and is asking for a second loan from ALIDé in order to stock up on more goods and better respond to the demands of her customers. The previous credit was successfully reimbursed.
Le groupe DJROMAHUTON est formé de trois personnes qui sont des amies. La représentante de ce groupe, nommée Eriyomi, est celle dont la main est levée sur la photo. C’est la deuxième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Eriyomi est âgée de 26 ans. Eriyomi est mariée à un soudeur du nom de Youssouf. Le couple a deux enfants, dont un est scolarisé et tous à leur charge. Eriyomi n’a pas fréquenté l’école. Eriyomi vit ensemble avec ses enfants et son mari et assure avec son mari les charges de la maison. Eriyomi vend du des colliers et des produits pour cheveux. Eriyomi vend aussi de façon secondaire des sacs et des tissus par le système de distribution depuis près de cinq ans. Eriyomi s’approvisionne à Lomé. Dans le but d’augmenter le stock de ses produits et de mieux répondre à la demande de sa clientèle, Eriyomi désire obtenir un deuxième crédit auprès de ALIDé, ensemble avec les autres membres du groupe DJROMAHUTON. Le crédit précédent a été bien remboursé.
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.