The JESULOME group is made up of nine people who all live in the same neighborhood. The group's representative, André (who is raising his hand in the photo), is 48 years old and married to a seamstress named Félicité. André is the father of three children, all of whom have received schooling and live in the care of their parents. André lives with his wife and children. He and his wife both cover the family's various expenses. André did not go to school.
André has been selling sheep and poultry from home for about fifteen years now. He runs this business so that he can support his family. He stocks up in different regions in Benin.
Striving to satisfy his customers, André, along with the other members of the JESULOME group, is seeking a fourth loan. The loan will allow them to better meet the demand of their customers and earn more profit. The previous loans were correctly repaid.
JESULOME est un groupe de neuf personnes, dont les membres résident dans le même quartier. Le représentant du groupe, André (dont la main est levée sur la photo), est âgé de 48 ans et est marié à une couturière du nom de Félicité. André est père de trois enfants tous scolarisés et à la charge du couple. André vit ensemble avec ses enfants et sa femme. Le couple assure ensemble les diverses charges. André n’a pas fréquenté l’école. Il y a près de quinze ans que André mène comme activité la vente des moutons et des volailles à son domicile. André mène cette activité afin de pourvoir aux besoins du ménage. André s’approvisionne dans des régions du Bénin. Dans la quête de la satisfaction de sa clientèle, André sollicite un quatrième crédit avec les autres membres du groupe JESULOME. 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.