Mahougnon is a group of three individuals who live in the same neighborhood in Benin and are related to each other. The group’s representative, Mahoumè Elisabeth (raising her hand in the photo) is 35 years and lives in Benin. Mahoumè Elisabeth is separated from her husband. She has three children, all in school, two of whom are in her care. Thanks to the income from her business activity, Mahoumè Elisabeth manages to provide for her children. She did not finish high school. She sells imported motor oil and miscellaneous items out of her home. As a secondary activity, she sells “pâtes” from wheat flour [wheat-meal mush, a staple food]. Mahoumè Elisabeth stocks up in one of the Benin towns. She has been in this business for about a dozen years. With the goal of meeting customer demand, Mahoumè Elisabeth is seeking a second loan, together with other members of the Mahougnon group. This loan will allow the group members to better meet customer demand and to increase their revenues.
MAHOUGNON est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin et sont des parentés. La représentante du groupe, Mahoumè Elisabeth (dont la main est levée sur la photo), est âgée de 35 ans et vit au Bénin. Mahoumè Elisabeth ne vit plus avec son mari. Mahoumè Elisabeth a trois enfants, tous scolarisés, dont deux sont à sa charge. Grâce au revenu que lui procure son activité, Mahoumè Elisabeth assure sans grande difficulté les différents besoins de ses enfants. Mahoumè Elisabeth a arrêté l'école au cours secondaire. Mahoumè Elisabeth vend en effet de l'huile à moteur importé et des produits divers à son domicile. De façon secondaire, Mahoumè Elisabeth vend des "pâtés" (faits à base de la farine de blé). Mahoumè Elisabeth s'approvisionne dans une ville du Bénin et exerce cette activité depuis une dizaine d'année. Dans la quête de la satisfaction de sa clientèle, Mahoumè Elisabeth sollicite un deuxième crédit avec les autres membres du groupe MAHOUGNON. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.
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.