The group JESUKPEGO 17 is composed of three persons who are friends living in the same village. The group's representative, Fatimata Ida, is the one in the photo with her hand raised. She is 39 years old. She did not attend school. She is married to a man named Bruno. The couple have in their care one child, who is not in school. Fatimata Ida lives with her husband and child.
The couple jointly ensure that family expenses are covered. To do so, Fatimata Ida has been selling cloth door to door for eighteen years. She gets her supplies from a market in Benin.
Seeking to satisfy her customers and to increase her sales and revenues, Fatimata Ida is requesting, along with the other members of the group JESUKPEGO 17, a second loan from ALIDé. The previous loan was indeed paid back.
Le groupe JESUKPEGO 17 est composé de trois personnes qui sont des amies et qui vivent dans le même village. La représentante du groupe, nommée Fatimata Ida est celle qui a la main levée sur la photo. Fatimata Ida est âgée de 39 ans. Fatimata Ida n’a pas fréquenté l’école. Fatimata Ida est mariée à un certain Bruno. Le couple a un enfant qui n’est pas scolarisé et est à leur charge. Fatimata Ida vit avec son mari et son enfant. Le couple assure ensemble les charges familiales. Pour ce faire, Fatimata Ida vend des tissus de façon ambulante depuis dix huit ans. Fatimata Ida s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Fatimata Ida sollicite ensemble avec les autres membres du groupe JESUKPEGO 17, un deuxième crédit auprès de ALIDé. Le prêt antérieur a été bien remboursé.
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.