AIWIWE JESUTON is a group of three people, all of whom live in the same neighbourhood in Bénin. The group representative, Gisèle (who is raising her hand in the photo), is 39 and married to a man named Casimir, a carpenter. Gisèle never went to school. She and her husband have four children, all of whom are in school and live with them. She and her husband are jointly responsible for the household. For seven years, Gisèle has sold various items and bundles of firewood from her home. She gets her products from a market in Bénin. Gisèle does this work in order to be able to provide for her family's needs. In order to provide better customer service, Gisèle is requesting a sixth loan, along with her fellow AIWIWE JESUTON group members. This loan will allow them to better respond to customer demand, and to make more profits. Their previous loans were well paid off.
AIWIWE JESUTON est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Gisèle (dont la main est levée sur la photo), est âgée de 39 ans et est mariée à un certain Casimir, un menuisier. Gisèle n’a jamais fréquenté l’école. Le couple a quatre enfants tous scolarisés et à la charge du couple. Gisèle vit ensemble avec ses enfants et son mari. Le couple assure ensemble les diverses charges. Il y a sept années que Gisèle mène comme activité la vente de divers articles et des fagots de chauffage à son domicile. Gisèle s’approvisionne dans un marché du Bénin. Gisèle mène cette activité afin de pouvoir aux besoins du ménage. Dans la quête de la satisfaction de sa clientèle, Gisèle sollicite un sixième crédit avec les autres membres du groupe AIWIWE JESUTON. 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.