The group MAWU WEGNI DAHO comprises five persons who reside in the same district. The group's representative, Elise, is the one in the photo with her hand raised. She is 41 years old and married to a man named Isaac. She is the mother of three children, all in school and in the couple's care. Elise lives together with her husband and children, and along with her husband, she ensures that the diverse household needs are met.
To help with different household needs, Elise has been selling bundles of wood, vegetable oil, and fruit in her district for about thirty years. This business enables her to meet her needs without much problem. She gets her supplies from a market in Benin.
Seeking to satisfy her customers and to increase her sales and revenues, Elise, along with the other members of the group MAWU WEGNI DAHO, is requesting a third loan from ALIDé. This loan will enable them to raise their level of business and to grow their customer base and their revenues. The first two loans were indeed paid back.
Le groupe MAWU WEGNI DAHO est composé de cinq personnes qui résident dans un même quartier. La représentante du groupe, du nom de Elise est celle qui a la main levée sur la photo. Elise est âgée de 41 ans et est mariée à un certain Isaac. Elise est mère de trois enfants, tous scolarisés et à la charge du couple. Elise vit ensemble avec son mari et ses enfants et assure ensemble avec son mari, les divers besoins du ménage. Pour contribuer aux différents besoins, Elise vend depuis une trentaine d’année, des fagots de bois, de l’huile végétale et des fruits dans un quartier son Bénin. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Elise 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, Elise sollicite ensemble avec les autres membres du groupe MAWU WEGNI DAHO, un troisième crédit auprès de ALIDé. Ce prêt leur permettra de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu. 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.