JESULOME is a group of 23 people who all live in the same village and belong to the same savings group. The leader of the group, Julienne, whose hand is raised in the photo, is 46 years old and married to a man named Adjaï. The couple has seven children, some of whom attend school, and four of whom remain in their care. Julienne and her husband live with their children and together they meet their different household needs. Julienne did not attend school. For nearly 20 years, she has been in the business of selling corn and vegetable oil in a city in Bénin and from her home. She is enthusiastic about her work, which allows her to meet her needs and those of her children. She gets her supplies in her own region. In the hopes of meeting the demand of her customers, Julienne, along with the other members of the JESULOME group, is requesting a third loan. This loan will allow them to meet the demand of their customers and to make higher profits. The previous loans have been fully repaid.
JESULOME est un groupement de vingt trois personnes, dont les membres résident dans le même village et appartiennent à un même groupe de tontine. La représentante du groupe, Julienne (dont la main est levée sur la photo), est âgée de 46 ans et est mariée à un certain Adjaï. Le couple a sept enfants dont certains scolarisés dont quatre restent à leur charge. Julienne et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Julienne n’a pas fréquenté l’école. Il y a près de vingt ans que Julienne mène comme activité la vente du maïs et de l’huile végétale dans une ville du Bénin et à son domicile. Julienne exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Julienne s’approvisionne dans sa région. Dans la quête de la satisfaction de sa clientèle, Julienne sollicite un troisième crédit avec les autres membres du groupement JESULOME. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Les crédits précédents 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.