The Jesukpego 9 Group consists of three people who live in the same neighborhood. The representative of the group, Honorine, is the one with her hand raised in the photo. This is the first time that this group is seeking financial support from Alide in order to grow their business. Honorine is 34-years old and did not attend school. She is married to Lucien. They have four children, all attending school and their dependents. Honorine lives together with her children and husband. Together with her husband, Honorine takes care of their household expenses. To meet her various resposibilities, Honorine has sold platters of fresh eggs and liquor in a neighborhood of Benin for nearly 15 years. Honorine stocks up in a region of Benin. In order to further strengthen her business and to better respond to her customers' needs, Honorine wants to increase her inventory of goods. To do this, Honorine and the other members of Jesukpego 9 Group are asking for a first loan from Alide.
Le groupe JESUKPEGO 9 est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Honorine, est celle dont la main est levée sur la photo. C’est la première fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Honorine est âgée de 34 ans et n'a pas fréquenté l’école. Honorine est mariée à un certain Lucien. Le couple a quatre enfants, tous scolarisés et à leur charge. Honorine vit ensemble avec ses enfants et son mari. Honorine assure ensemble avec son mari, les charges de la maison. Pour faire face à ses différentes charges, Honorine vend des plateaux d’œufs frais et des liqueurs dans un quartier du Bénin depuis près de quinze ans. Honorine s’approvisionne dans une région du Bénin. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Honorine désire augmenter le stock de ses produits. Pour ce faire, Honorine sollicite ensemble avec les autres membres du groupe JESUKPEGO 9, un premier crédit auprès de ALIDé.
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.