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Sang De Jesus 1 Group
In this Group: Irène Assiba, Colette
SANG DE JESUS 1 is a group of two persons whose members reside in the same district. The group's representative, Irène Assiba (whose hand is raised in the photo), is 34 years old and married to a warehouse keeper named Magloire. The couple have three children, not all in school but all in their care. She dropped out of secondary school. She lives together with her children and husband and, along with him, ensures that the different household expenses are covered.

For about ten years, Irène Assiba has been selling school supplies and various products, and charcoal secondarily, out of her home. She gets her supplies from a market in Benin.

This is the third time that Irène Assiba and the other members of the group SANG DE JESUS 1 have requested financial support from ALIDé with the aim of bolstering their working capital and their business and responding better to the requirements of their customers. The first two loans were indeed repaid.
View original language description ↓
SANG DE JESUS 1 est un groupe de deux personnes, dont les membres résident dans le même quartier. La représentante du groupe, Irène Assiba (dont la main est levée sur la photo), est âgée de 34 ans et est mariée à un magasinier du nom de Magloire. Le couple a trois enfants, dont certains sont scolarisés et tous à leur charge. Irène Assiba a arrêté l'école au niveau secondaire. Irène Assiba vit ensemble avec ses enfants et son mari et assure ensemble avec son mari, les différentes charges de la maison. Depuis une dizaine d'année, Irène Assiba vend des fournitures scolaires, divers produits et du charbon de bois de façon secondaire à son domicile. Irène Assiba s’approvisionne dans un marché du Bénin. C’est la troisième fois que Irène Assiba et les autres membres du groupe SANG DE JESUS 1 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. Les deux premiers crédits 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 522.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sang De Jesus 1 Group's $350 loan helped a member to purchase school supplies and charcoal to sell from home.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 27, 2013