Check out other loans that are currently fundraising!
Mahutin Davatin Group
In this Group: Alexandrine, Cécile, Julienne
The MAHUTIN DAVATIN group is made up of three persons who all live in the same locality in Benin. The representative of the group, Alexandrine, is the one raising her hand in the photo. This is the first time that this group has requested a loan from ALIDé with the intention of boosting their businesses.

Alexandrine is married to a fisherman named Abraham. The couple have five children; they are no longer responsible for two of them. Some of the children are enrolled in school.

Alexandrine has lived in a small town in Benin with her children and her husband for five years. The couple share in supporting their family. For about four years, Alexandrine has been selling various items (cookies, candies, etc.) and secondarily « Agbéli » (a local dish made of maize) in Sèmè. She buys her supplies in Cotonou. Wishing to expand her inventory and better meet the demand of her clientele, Alexandrine wishes to obtain another loan together with the members of her group.
View original language description ↓
Le groupe MAHUTIN DAVATIN est formé de trois personnes qui vivent toutes dans la même localité au Benin. La représentante de ce groupe, nommée Alexandrine 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. Alexandrine est mariée à un pêcheur nommé Abraham. Le couple a cinq enfants, dont deux ne sont plus à leur charge. Parmi les enfants, certains sont scolarisés. Alexandrine habite à dans une petite ville au Benin avec ses enfants et son mari depuis cinq ans. Le couple assure ensemble les diverses charges familiales. Il y a près de quatre ans que Alexandrine mène comme activité, la vente de divers produits (biscuits, bombons, etc.) et de façon secondaire la vente de « Agbéli » (aliment local fait à base de maïs) à Sèmè. Alexandrine s’approvisionne à Cotonou. Dans le but d’augmenter le stock de ses produits et de mieux répondre à la demande de sa clientèle, Alexandrine désire obtenir un autre crédit avec les autres membres de son groupe.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 461.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahutin Davatin Group's $425 loan helped a member to buy various items (candies, cookies, etc.).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011