The Jesugo 5 group has three female members, who are all friends and live in the same neighborhood. The group’s representative is called Yèyinou, and is pictured with her hand raised in the photo. This is the third time that this group has requested financial assistance from Alidé, and they have done so to increase their business levels.
Yèyinou is 57 years of age, and is married to a man named Olivier. The couple has two children, one of whom is at school and one of whom is dependent on them. She lives with her husband and children, and the couple covers the various household expenses.
Yèyinou did not go to school, and for about 30 years has worked selling cereals (millet, bundles of wood, corn) from home. She gets her supplies in a town in Benin. Customer demand is increasing, and given her limited resources, Yèyinou cannot respond to this demand. As a result, and given their limited means, Yèyinou and the other members of the Jesugo 5 group have requested a third loan from Alidé. Their first two loans were successfully repaid.
Le groupe JESUGO 5 est formé de trois personnes qui sont des amies résidant dans le même quartier La représentante de ce groupe, nommée Yèyinou est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Yèyinou est âgée de 57 ans et est mariée à un certain Olivier. Le couple a deux enfants dont un scolarisé et un à leur charge. Yèyinou vit ensemble avec ses enfants et son mari. Le couple supporte ensemble les diverses charges du ménage. Yèyinou n’a pas fréquenté l'école. Il y a une trentaine d’année environs que Yèyinou mène comme activité la vente des céréales (mil, fagots de bois, maïs) à son domicile. Yèyinou s’approvisionne dans une ville du Bénin. La demande de sa clientèle devient de plus en plus grande et compte tenu de ses moyens limités, Yèyinou n'arrive plus à bien répondre à leurs exigences. Eu égard à cela et compte tenu de leurs ressources limitées, Yèyinou et les autres membres du groupe JESUGO 5 sollicitent ensemble un troisième crédit auprès de ALIDé. Les deux premiers prêts 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.