The HOMEGNINGNON MAHUTON group is comprised of three people who live in the same neighborhood. This is the second time that the group has asked for financial support from ALIDé to help them grow their business. The group representative, Akuele Odile, is the one with her hand raised in the photo.
Akuele Odile is 39 and lives in Benin. Akuele Odile is married to Hervé. The couple has three dependent children who go to school. Akuele Odile lives with her husband and children. In order to take care of the family expenses, Akuele Odile has been selling food (starch paste, cassava flour paste, and fried fish) out of her home for 20 years. Akuele Odile buys her supplies in a market in Benin.
With the goal of satisfying her clients and in order to grow her sales and revenues, Akuele Odile, along with the other members of the HOMEGNINGNON MAHUTON group, is asking for a second loan with ALIDé. This loan will allow then to grow their business and increase their profits. Their previous loan was repaid.
Le groupe HOMEGNINGNON MAHUTON 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. La représentante du groupe, du nom de Akuele Odile est celle qui a la main levée sur la photo. Akuele Odile est âgée de 39 ans et vit au Bénin. Akuele Odile est mariée à un certain Hervé. Le couple a trois enfants tous scolarisés et à leur charge. Akuele Odile vit ensemble avec son mari et ses enfants. Afin d'assurer les diverses charges de la famille, Akuele Odile vend depuis vingt ans, de la nourriture (pâte d'amidon de maïs, pâte de farine de manioc, accompagnés de poissons frits) à son domicile. Akuele Odile 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, Akuele Odile sollicite ensemble avec les autres membres du groupe HOMEGNINGNON MAHUTON, un deuxième crédit auprès de ALIDé. Ce crédit leur permettra surement à hausser le niveau de leur activité et à se faire plus de profit. Le crédit reçu antérieurement a été bien remboursé.
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.