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Mahougnon Group
In this Group: Marie, Facame Sylvie, Martiale
The MAHOUGNON group consists of three women who live in the same neighborhood. The group's representative, Marie, is the woman raising her hand in the photo. It is the fourth time that this group is requesting financial assistance from ALIDé in order to increase its level of activity.

Marie is married to a carpenter named Robert. Marie and Robert have three children, whom they financially support. Some of their children attend school. Marie lives with her husband and children and takes care of the various household expenses with her husband. She has never attended school.

Marie sells food products (maize, cassava flour etc.) in her shop.

Eager to better meet her customers' needs and to boost her income, Marie would like to increase her stock of products. To this end, she is requesting a fourth loan from ALIDé, along with the other members of the MAHOUGNON group. Previous loans have been well repaid.
View original language description ↓
Le groupe MAHOUGNON est formé de trois personnes qui vivent dans le même quartier. La représentante de ce groupe, nommée Marie, est celle dont la main est levée sur la photo. C’est la quatrième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Marie est mariée à un menuisier du nom de Robert. Le couple a trois enfants, dont certains sont scolarisés et tous à leur charge. Marie vit ensemble avec son mari et ses enfants et assure ensemble avec son mari, les diverses charges de la maison. Marie n’a pas fréquenté l’école. Marie vend des produits vivriers (maïs, farine de manioc, etc.) dans sa boutique. Dans la quête d'une meilleure satisfaction de sa clientèle et pour accroître son revenu, Marie désire augmenter son stock de produits. Pour ce faire, Marie sollicite, ensemble avec les autres membres du groupe MAHOUGNON, un quatrième crédit auprès de ALIDé. les crédits reçus antérieurement 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 515.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahougnon Group's $550 loan helped a member to buy sacks of maize and cassava flour.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2012
Listed
May 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2013