DJIDJOHO 2 is a group consisting of three persons, whose members are friends and belong to the same tontine (loan association) group. The representative for the group, Yémalin Armandine (the one raising her hand on the photo) is 38 years old.
Yémalin Armandine did not attend school. She is married to Isidore. The couple has two children; both attend school and are dependents. Yémalin Armandine lives with her husband and children, and the couple shares household expenses.
To do this, Yémalin Armandine has been selling rice with sauce from her home for the past eighteen years. Secondarily, she sells liqueurs, which enables her to have other sources of income. She resupplies in one of Benin's markets.
To strengthen her business and meet with customer demand, Yémalin Armandine and the other members of the DJIDJOHO 2 group are requesting a fourth loan from ALIDé. Previous loans have been fully repaid.
DJIDJOHO 2 est un groupe de trois personnes, dont les membres sont des amies et qui appartiennent à un même groupe de tontine. La représentante du groupe, nommée Yémalin Armandine(celle qui a la main levée sur la photo) est âgée de 38 ans. Yémalin Armandine n’a pas fréquenté l’école. Yémalin Armandine est mariée à un certain Isidore. Le couple a deux enfants, tous scolarisés et à leur charge. Yémalin Armandine vit avec son mari et ses enfants. Le couple assure ensemble les charges du ménage. Pour ce faire, Yémalin Armandine vend du riz accompagné de sauce à son domicile depuis dix-huit ans. De façon secondaire, Yémalin Armandine vend des liqueurs, ce qui lui permet d'avoir d'autres sources de revenus. Yémalin Armandine s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité et de satisfaire la demande de sa clientèle, Yémalin Armandine s’associe avec les autres membres du groupe DJIDJOHO 2 pour solliciter 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.