The group VIVOMINGBE is composed of three persons who reside in the same district. This is the third time this group has requested financial aid from ALIDé to boost its businesses. The group’s representative, Mahinou Zividjo, is the one in the photo with her hand raised. She is 59 years old and lives in Benin. She did not attend school. She is a widow and the mother of four children, all provided with schooling. Two of the children remain in her care.
Mahinou Zividjo lives alone with her two children to support. To ensure that the diverse family expenses are covered, she has been selling grains for about twenty years in her neighborhood. She gets her supplies from a market in Benin.
Seeking to satisfy her customers and to increase her sales and her revenues, Mahinou Zividjo, along with the other members of the group VIVOMINGBE, is requesting a third loan from ALIDé. The first two loans were indeed repaid.
Le groupe VIVOMINGBE est composé de trois personnes qui résident dans le même quartier. C'est la troisième fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Mahinou Zividjo est celle qui a la main levée sur la photo. Mahinou Zividjo est âgée de 59 ans et vit au Bénin. Mahinou Zividjo n’a pas fréquenté l’école. Mahinou Zividjo est une veuve et est mère de quatre enfants tous scolarisés dont deux restent à sa charge. Mahinou Zividjo vit seule avec ses deux enfants à charge. Afin d‘assurer les diverses charges de la famille, Mahinou Zividjo exerce depuis une vingtaine d'année, la vente des céréales dans son quartier. Mahinou Zividjo 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, Mahinou Zividjo sollicite ensemble avec les autres membres du groupe VIVOMINGBE, un troisième crédit auprès de ALIDé. Les deux premiers prêts ont été bien remboursés.
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.