MAHUENA-SOUROU B is a group composed of 11 people who all live in the same neighborhood. The group representative, Gaston, is the one raising his hand on the picture. Gaston is 49 and is married to Séraphine. Together they care for their 3 children, some of whom go to school. Gaston quit school at the primary level. For about 5 years, Gaston has been selling refill cards for prepaid phones. It has enabled him to financially take care of his family, along with his wife. Gaston buys those items in Benin. It is the third time that Gaston and the other members of the MAHUENA-SOUROU B group are applying for a loan from ALIDÉ. Thanks to this loan, he will be able to strengthen his business and boost his sales, in order to better meet the needs of his customers.
Le groupement MAHUENA-SOUROU B est formé de onze personnes qui résident dans le même quartier. Le représentant de ce groupement, nommé Gaston est celui dont la main est levée sur la photo. Gaston est âgé de 49 ans, et est marié à Séraphine. Le couple a trois enfants, dont certains scolarisés et tous à leur charge. Gaston a arrêté l’école au niveau primaire. Depuis cinq ans environs, Gaston vend des cartes de recharges téléphoniques à son domicile ; ce qui lui permet d’assurer ensemble avec sa femme les diverses charges de la famille. Gaston achète ses produits au Bénin. C’est la troisième fois que Gaston et les autres membres du groupement MAHUENA-SOUROU B sollicitent un crédit auprès de ALIDé. Ce crédit leur permettra de renforcer leur activité et d'accroître leur chiffre d’affaire, afin de mieux répondre à la demande de leur clientèle.
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.