JESUKPEGO 10 is a group made up of three people whose representative (the one with his hand raised in the photo) is named Lucien. The group members belong to the same tontine group. The group is asking for a third loan with an eye to increasing the level of their business and raising their turnover. 50 years old, Lucien did not attend school and is married to a merchant named Christine. The couple has 8 children, all in school and one of whom is in their care. Lucien lives together with his children and wife. The couple provides together for the various household expenses. Lucien has worked as a carpenter in his area for around 20 years. This allows him to take care of his family's needs without great difficulty. Lucien stocks up in Benin. Lucien and the other members of the JESUKPEGO 10 group are asking for a loan from Alidé in order to grow their businesses and increase their turnover and profits.
JESUKPEGO 10 est un groupe constitué de trois personnes dont le représentant (dont la main est levée sur la photo) se nomme Lucien. Les membres du groupe appartiennent à un même groupe de tontine. Ce groupe sollicite un troisième crédit en vue de rehausser le niveau de leur activité et d'augmenter leur chiffre d'affaire. Âgé de 50 ans, Lucien n'a pas fréquenté l'école et est marié à une marchande du nom de Christine. Le couple a huit enfants, tous scolarisés et dont un à leur charge. Lucien vit ensemble avec ses enfants et sa femme. Le couple assure ensemble les diverses charges familiales. Il y a environs vingt ans que Lucien exerce le métier de charpentier dans sa région. Ce qui lui permet de subvenir sans grande difficulté aux besoins familiaux. Lucien s’approvisionne au Bénin. Lucien et les autres membres du groupe JESUKPEGO 10 sollicitent un financement auprès de ALIDé, afin d'agrandir leur activité et d'accroître leur chiffre d'affaire et leur revenu.
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.