SEDJRO is a group of three persons whose members reside in the same district. The group's representative, Christine (whose hand is raised in the photo), is 39 years old and married to a man named Joachim. The couple have one child, in school and in their care. Christine did not attend school. She lives together with her child and husband, and along with her husband, she ensures that the different household expenses are covered.
For nearly fourteen years, Christine has been selling bread door to door. She gets her supplies from a market in Benin.
This is the second time that Christine and the other member of the group SEDJRO have requested financial support from ALIDé with the aim of bolstering their working capital and responding further to the requirements of their customers. The loans received previously were indeed repaid.
SEDJRO est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Christine (dont la main est levée sur la photo), est âgée de 39 ans et est mariée à un certain Joachim. Le couple a un enfant, scolarisé et à leur charge. Christine n’a pas fréquenté l’école. Christine vit ensemble avec son enfant et son mari et assure ensemble avec son mari, les différentes charges de la maison. Depuis près de quatorze ans, Christine vend du pain de façon ambulante. Christine s’approvisionne dans un marché du Bénin. C’est la deuxième fois que Christine et les autres membres du groupe SEDJRO sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Le crédit reçu antérieurement 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.