Mahouvivi 1 is a group of four people who live in the same district. The representative of the group, Andréa Elise (whose hand is raised in the photo) is 35 years old and married to a man called Franklin. The couple has two children, who are both at school and in their care. Andréa Elise went to school very little. She lives with her children and husband and they cover the various household expenses between them. For almost eight years, Andréa Elise has been selling cosmetics on a door-to-door basis. She gets her supplies from a market in Benin. It is the fifth time that Andréa Elise and the other members of the Mahouvivi 1 group have requested financial aid from Alidé, with a view to strengthening their working capital and businesses and responding to customer demand. The previous loans that they have been granted have been repaid in full.
MAHOUVIVI 1 est un groupe de quatre personnes, dont les membres vivent dans le même quartier. La représentante du groupe, Andréa Elise (dont la main est levée sur la photo), est âgée de 35 ans et est mariée à un certain Franklin. Le couple a deux enfants, tous scolarisés et à leur charge. Andréa Elise a très peu fréquenté l’école. Andréa Elise vit ensemble avec ses enfants et son mari et assure ensemble les différentes charges de la maison. Depuis près de huit ans, Andréa Elise vend de produits cosmétiques de façon ambulante. Andréa Elise s’approvisionne dans un marché du Benin. C’est la cinquième fois que Andréa Elise et les autres membres du groupe MAHOUVIVI 1 sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Les crédits reçus antérieurement 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.