JESUDJRO 15 is a group of three people who all live in the same neighbourhood in Bénin and belong to the same tontine group. The group representative, Léocadie Aboyo (who is raising her hand in the photo), is 49 and never went to school. She is a widowed mother of four children, all of whom are in school, two of whom are still under her care. She takes care of her various responsibilities on her own. She lives alone with her children and has sold palm oil for eight years in order to provide for her family's needs. On top of this business, which she runs from home, she also sells vegetable oil. Léocadie Aboyo buys her products in a market in Bénin. In order to provide better customer satisfaction, Christine is requesting her first loan along with her fellow JESUDJRO 15 group members. This loan will allow them to better respond to their customers' demand and to make more profits.
JESUDJRO 15 est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin et appartiennent à un même groupe de tontine. La représentante du groupe, Léocadie Aboyo (dont la main est levée sur la photo), est âgée de 49 ans et n’a jamais fréquenté l’école. Veuve et mère de quatre enfants tous scolarisés dont trois restent à sa charge, Léocadie Aboyo assure seule ses diverses charges. Léocadie Aboyo vit seule avec ses enfants et vend depuis huit ans de l’huile de palme pour subvenir à leur besoins. Parallèlement à cette activité que Léocadie Aboyo exerce à son domicile, Léocadie Aboyo vend de l’huile végétale. Léocadie Aboyo s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Léocadie Aboyo sollicite un premier crédit avec les autres membres du groupe JESUDJRO 15. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.
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.