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La Joie Group
In this Group: Victoire, Zouléatou, Pélagie Mahutin
The "La Joie" group is made up of 3 people who live in the same area. The group's representative, Victoire, is the one with her hand raised in the picture. This is the second time that this group requests financial support from ALIDé in order to raise their business levels.

Victoire is 24 years old. She is married to Jean-Mari and has 3 dependent children, who all go to school. Victoire lives together with her children and husband. She left school at secondary level. In order to be able to meet her children's needs, Victoire has been selling jewellery, necklaces and trays of fresh eggs from her home for around 8 years. She gets her supplies in a market in Benin.

Victoire wishes to increase her inventory of products, with a view to further strengthening her business and better responding to her customers' demands. In order to do this, Victoire is requesting a second loan from ALIDé, together with the other members of "La Joie".
Le groupe LA JOIE est formé de trois personnes qui habitent dans le même quartier. La représentante de ce groupe, nommée Victoire, est celle dont la main est levée sur la photo. C’est la deuxième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Victoire est âgée de 24 ans . Victoire est mariée à un certain Jean-Mari et a trois enfants, tous scolarisés et à la charge du couple. Victoire vit ensemble avec ses enfants et son mari. Victoire a arrêté l'école au niveau secondaire. Pour subvenir aux besoins de ses enfants, Victoire vend des bijoux, des colliers et des plateaux d’œufs frais à son domicile depuis environs huit ans. Victoire s’approvisionne dans un marché du Bénin. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Victoire désire augmenter le stock de ses produits. Pour ce faire, Victoire sollicite ensemble avec les autres membres du groupe LA JOIE, un deuxième crédit auprès de ALIDé.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of La Joie Group's $800 loan helped a member to buy jewellery, necklaces and trays of fresh eggs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 24, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013