The "Akuegnon" group comprises four people who live in the same area. The group leader, Jeannette, is the one whose hand is raised in the photo. Jeannette is 31 years old and did not attend school. She is married to a man named Pascal. The couple have four children, all in school and in the care of their parents. Jeannette lives with her husband and children. The couple provide for the family together. In order to do this, Jeannette has sold bouillie (a cereal-based dish), beignets (made of wheat), and shrimp door-to-door for fifteen years. She gets her supplies at a market in Benin. With the goal of satisfying her clientele and increasing her sales volume and income, Jeannette is seeking a fourth loan with ALIDÉ, along with the other members of the Akuegnon group. The previous loans were repaid properly.
Le groupe AKUEGNON est composé de quatre personnes qui résident dans le même quartier. La représentante du groupe, nommée Jeannette est celle qui a la main levée sur la photo. Jeannette est âgée de 31 ans. Jeannette n’a pas fréquenté l’école. Jeannette est mariée à un certain Pascal. Le couple a quatre enfants, tous scolarisés et à leur charge. Jeannette vit avec son mari et ses enfants. Le couple assure ensemble les charges familiales. Pour ce faire, Jeannette vend de la bouillie, des beignets (à base de blé) et des crevettes de façon ambulante depuis quinze ans. Jeannette s’approvisionne dans un un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Jeannette sollicite ensemble avec les autres membres du groupe AKUEGNON, un quatrième crédit auprès de ALIDé. Les prêts antérieurs 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.