ADJOKOUE is a group of three people whose members live in the same neighborhood. The representative of the group, Jeanne (whose hand is raised in the photo) is 35-years old and married. The couple have two children, one of which is in school and all of which are dependents. Jeanne never attended school. She lives alone with her children. The couple take care of the various household expenses together. A few years ago, Jeanne started her business selling bread and packets from home. Jeanne is passionate about her work which enables her to take care of her needs and those of her children. In pursuit of customer satisfaction and to increase her working capital, Jeanne is asking for a third loan with the other members of Adjokoue. This loan will allow them to better respond to customer demand and to make more profit. Their prior loans were all fully repaid.
ADJOKOUE est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Jeanne (dont la main est levée sur la photo), est âgée de 35 ans et est mariée. Le couple a deux enfants, dont un scolarisé et tous à leur charge. Jeanne n’a jamais été à l’école. Jeanne vit seule avec ses enfants. Le couple assure ensemble les différentes charges de la maison. Il y a quelques années que Jeanne exerce comme activité, la vente du pain et des sachets à son domicile. Jeanne exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement, Jeanne sollicite un troisième crédit avec les autres membres du groupe ADJOKOUE. 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.