The MAHUGNON group is made up of four people who live in the same district. The leader of the group, named Justine, is the one with her hand raised in the photo. This is the third time that this group has requested financial help through ALIDé in order to grow their businesses. Justine is 30 years old and married to Lambert. The couple has one child, who does not attend school, in their care.
Justine lives with her child and husband. Together, the couple meets the various needs of the household. Justine did not attend school. For about eight years, she has been in the business of selling clothing and cosmetic products from her home. Justine gets her supplies at a market in Bénin. Her customers’ demand is growing, and considering her limited means, she is no longer able to meet their demand. In light of this and considering their limited resources, Justine and the other members of the MAHUGNON group are requesting together a third loan through ALIDé. The first two loans have been properly repaid.
Le groupe MAHUGNON est formé de quatre personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Justine 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. Justine est âgée de 30 ans et est mariée à un certain Lambert. Le couple a un enfant non scolarisé et à leur charge. Justine vit ensemble avec son enfant et son mari. Le couple supporte ensemble les diverses charges du ménage. Justine n’a pas fréquenté l'école. Il y a une huitaine d’année environs que Justine mène comme activité la vente des vêtements et des produits cosmétiques à son domicile. Justine s’approvisionne dans un marché du Bénin. La demande de sa clientèle devient de plus en plus grande et compte tenu de ses moyens limités, Justine n'arrive plus à bien répondre à leurs exigences. Eu égard à cela et compte tenu de leurs ressources limitées, Justine et les autres membres du groupe MAHUGNON sollicitent ensemble 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.