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Mahoukpehou Group
In this Group: Faustin , Eulalie, Rosalie
The group MAHOUKPEHOU consists of three people who live in the same neighborhood. They are seeking financial assistance from ALIDé for the second time to bolster their activity. The group’s representative is Faustin, whose hand is raised in the photo. Faustin is 49 years old and he lives in Benin. He attended secondary school. He is married to a reseller named Albertine. The couple have four dependent children who all go to school. The whole family live together, and the couple handle together the various household responsibilities.

In order to provide for his family, Faustin started selling shirts in a city of Benin about ten years ago. He also sells fabrics as a secondary activity. Faustin buys his stock in a market of Benin.

Eager to achieve customer satisfaction and to increase his sales and revenue, Faustin is seeking a second loan from ALIDé together with the other members of the MAHOUKPEHOU group. The first loan was correctly repaid.
Le groupe MAHOUKPEHOU est composé de trois personnes qui habitent le même quartier. C'est la deuxième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. Le représentant du groupe, du nom de Faustin est celui qui a la main levée sur la photo. Faustin est âgé de 49 ans et vit au Bénin. Faustin a arrêté l’école au niveau secondaire. Faustin est marié à une revendeuse du nom de Albertine. Le couple a quatre enfants, tous scolarisés et à leur charge. Faustin vit ensemble avec sa femme et ses enfants. Le couple assure ensemble les divers besoins de la maison. Pour contribuer aux diverses charges, Faustin vend depuis une dizaine d'année, des chemises dans une ville du Bénin De façon secondaire, Faustin vend des tissus. Faustin s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Faustin sollicite ensemble avec les autres membres du groupe MAHOUKPEHOU, un deuxième crédit auprès de ALIDé. Le premier prêt a été bien remboursé.

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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 496.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahoukpehou Group's $525 loan helped a member to buys shirts and fabrics for resale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012