The "Jesulome" group comprises three people who live in the same area. The group leader, Akouavi Joséphine (whose hand is raised in the photo), is 48 years old. Akouavi Joséphine did not attend school and is married to a man named Ange. The couple have four children, some of whom attend school and all of whom are in their parents' care. The couple live together with their children and provide for the household together. To provide for the family, Akouavi Joséphine has sold second-hand clothing door-to-door for close to fifteen years. She gets her supplies at a market in Benin. With the goal of expanding her business and being more competitive in the market, Akouavi Joséphine wants to increase her stock of products; this will allow her to raise her sales and income. For this reason, she is seeking a third loan with ALIDÉ together with the other members of the Jesulome group. The two previous loans were repaid properly.
JESULOME est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Akouavi Joséphine (dont la main est levée sur la photo), est âgée de 48 ans. Akouavi Joséphine n’a pas fréquenté l’école et est mariée à un certain Ange. Le couple a quatre enfants, dont certains scolarisés et tous à leur charge. Le couple vit ensemble avec les enfants et assure ensemble les diverses du ménage. Akouavi Joséphine, pour subvenir aux besoins, vend depuis près quinze ans, des friperies de façon ambulante. Akouavi Joséphine s'approvisionne dans dans un marché du Bénin. Dans le but d’agrandir son activité et pour être plus compétitive sur le marché, Akouavi Joséphine désire augmenter le stock de ses produits ; ce qui lui permettra d’accroitre son chiffre d’affaire et son revenu. Pour cette raison, Akouavi Joséphine sollicite un troisième crédit auprès de ALIDé, ensemble avec les autres membres du groupe JESULOME. Les deux crédits consentis 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.