Check out some available loans that are similar to this one!
Mahugnon-Pahou Group
In this Group: Marie, Madeleine, Julienne
The MAHUGNON-PAHOU group is made up of three persons who all live in the same neighborhood in Bénin. It's the third time that this group is requesting a loan from ALIDé, in order to grow their businesses. The representative of the group, Marie, is the one who is raising her hand in the photo.

Marie is 51 and lives in Bénin. She is married to a retailer named Félix. The couple have four children who are all enrolled in school and for whom they are responsible. Marie helps her husband by sharing with him the responsibility for the household expenses, thanks to the income from her business.

Marie never went to school. For three years she has been selling various items (pasta, different canned foods, vegetable oil, sugar, etc.) out of her home. She buys her merchandise in one of the markets in Bénin. Wishing to satisfy her clientele and grow her income, Marie is requesting a third loan, together with the other members of the MAHUGNON-PAHOU group. Their first two loans have been correctly reimbursed.
View original language description ↓
Le groupe MAHUGNON-PAHOU est composé de trois personnes qui vivent toutes dans le même quartier au Bénin.C'est la troisième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupe, du nom de Marie est celle qui a la main levée sur la photo. Marie est âgée de 51 ans et vit au Bénin. Marie est mariée à un revendeur du nom de Félix. Le couple a quatre enfants qui sont tous scolarisés et qui sont à leur charge. Marie vient en aide à son mari en assurant avec lui les charges de la maison, grâce au revenu issu de son activité. Marie n’a jamais fréquenté l’école. Depuis trois ans, Marie vend des produits divers (pâtes alimentaires, divers conserves, huile végétale, sucre, etc.) à son domicile. Marie achète ses produits dans l'un des marchés du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son revenu, Marie sollicite un troisième crédit, ensemble avec les autres membres du groupe MAHUGNON-PAHOU. Les deux premiers crédits ont été bien remboursés.

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
  • 477.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahugnon-Pahou Group's $675 loan helped a member to buy various items (sugar, tinned goods, pasta, vegetable oil, etc.).
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012