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Jérémie's Group
In this Group: Jérémie, Raymond, Louis
Jérémie and his two friends are currently requesting a second loan from ALIDé. They have known one another for a long time and are members of a saving's group.

Jérémie, the group's representative, is married to a retailer named Nathalie with whom he has three children who currently all go to school.

Jérémie has been working as a welder, from home, for almost ten years. His customers appreciate his promptness and efficiency. This second loan will help him to update his equipment in order to better meet customers' demand. He will use his share of the loan (180,000 CFA francs) to buy a new drill and a portable welding machine.

Jérémie is a good father who wishes to save his profits in order to buy a plot of land for his children.
View original language description ↓
Jérémie et ses 2 amis demandent aujourd'hui leur 2ème prêt auprès d'ALIDé. Ils se connaissent depuis longtemps et font partie d'un groupe de Tontine.

Jérémie, le représentant, est marié avec Nathalie, une commerçante, avec laquelle il a eu 3 enfants qui sont actuellement tous scolarisés.

Il exerce le métier de soudeur à son domicile depuis près de 10 ans et est reconnu par ses clients pour sa rapidité et son efficacité.
Aujourd'hui, il demande un second prêt afin de renforcer ses équipements pour mieux répondre au demande de ses clients. Avec les 180,000 CFA il achètera une nouvelle perceuse ainsi qu'un poste portatif de soudure.

En bon père de famille, il souhaite conserver ses bénéfices afin d'acheter une parcelle pour ses enfants.

Additional Information

About 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.

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 494.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jérémie's Group's $875 loan helped a member to buy a drill and a portable welding machine.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 23, 2013
Aug 19, 2013
Currency Exchange Loss:
Jul 17, 2014