The MAHUGNON group is made up of three members who live in the same house. The group's representative, Marcelline, is the woman raising her hand in the photo.
It is the third time that this group is requesting financial assistance from ALIDé in order to increase the level of its activity.
Marcelline is 64 years old and married to a man named Elias. Marcelline and Elias have eight children, none of whom are currently attending school. Marcelline lives with her husband and children. The couple jointly takes care of the household's various needs.
Marcelline never went to school. For the past ten years or so, she has been selling iceboxes and kitchen utensils at a market in Benin, an activity which allows her to meet her family's needs without much difficulty.
As she would like to better meet her customers' needs, Marcelline is hoping to strengthen and diversify her activity. In order to do so, she is requesting a third loan from ALIDé, along with the other members of the MAHUGNON group. The group's first two loans were duly repaid.
Le groupe MAHUGNON est formé de trois personnes qui résident dans la même maison. La représentante de ce groupe, nommée Marcelline, est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Marcelline est âgée de 64 ans et est mariée à un certain Elias. Le couple a huit enfants, dont aucun scolarisé. Marcelline vit ensemble avec son mari et ses enfants. Le couple assure ensemble les divers besoins du ménage. Marcelline n’a pas fréquenté l’école. Il y a près de dix ans que Marcelline exerce comme activité, la vente des glacières et des ustensiles de cuisine dans un marché du Bénin ; ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Dans le souci de mieux répondre aux exigences de sa clientèle, Marcelline désire renforcer et diversifier son activité. Pour ce faire, Marcelline sollicite, ensemble avec les autres membres du groupe MAHUGNON, 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.