JESUGNON 6 is a group of three people. The members are friends who live in the same neighbourhood. The group representative, Floride (who is raising her hand in the picture), is 43 and married to a man named Sylvain. The couple has five children, some of whom are in school, all of whom are under their care. Floride lives with her husband and children. The couple shares childcare duties. Floride did not go to school. She has sold coal and various items from her home for fifteen years now in order to contribute to the household costs. Floride is passionate about her work, since it helps her to provide for her children and for herself. She gets her products in various regions of Bénin. In order to provide better customer service, Floride and her fellow JESUGNON 6 group members are requesting a sixth loan. This loan will allow them to better respond to customer demand and to make better profits. Their previous loans were paid back well.
JESUGNON 6 est un groupe de trois personnes, dont les membres sont des amies résidant dans le même quartier. La représentante du groupe, Floride (dont la main est levée sur la photo), est âgée de 43 ans et est mariée à un certain Sylvain. Le couple a cinq enfants dont certains scolarisés et tous à leur charge. Floride vit ensemble avec son mari et ses enfants. Le couple se partage les différentes charges des enfants. Floride n’a pas fréquenté l’école. Il y a quinze années que Floride mène comme activité la vente de divers articles et des charbons de bois à son domicile afin de contribuer aux divers besoins du ménage. Floride exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Floride s’approvisionne dans certains régions du Bénin. Dans la quête de la satisfaction de sa clientèle, Floride sollicite un sixième crédit avec les autres membres du groupe JESUGNON 6. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Les crédits précédemment reçus 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.