Houenoussou Iii Group
Born in Benin in 1970, Pascaline lives together with her husband and children in a town in Benin. She is married to a farmer named Dieudonné and has four children, who all attend school. Pascaline provides for the family's various expenses together with her husband. She never went to school.
For about eight years, Pascaline has been producing palm oil, which she sells out of her home. In parallel to this activity, Pascaline sells fabrics. This business generates revenues and helps her to contribute to family expenses. Pascaline purchases her products at one of Benin's markets.
This first loan will certainly allow Pascaline and the other members of the Houenoussou III group to raise their level of activity, grow their clientele and increase profits.
About AlidéAlidé 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.
0View loans »
Success!! The loan was 100% repaid