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Mahoulome Group
In this Group: Joselyne Mondoukpè, Latifatou, Marceline, Martine
MAHOULOME is a group made up of four members who live in the same neighborhood in Benin.

The group's representative, Joselyne Mondoukpè, is the one raising her hand in the photo. She is 32 years old, married to a man named Oscor, and the mother of three children, all in school and their dependents. Joselyne Mondoukpè and her husband live together with their children and jointly take care of the various household expenses.

Joselyne Mondoukpè did not attend school. For the past few years, she has been selling sachets and ointments. She works as an itinerant seller, and she is passionate about her work, which allows her to meet her needs as well as those of her children. She buys her supplies from a town located in Benin.

To ensure the satisfaction of her customers, Joselyne Mondoukpè is requesting a third loan, along with the other members of the MAHOULOME group. This loan will be used to better meet their customers' expectations, and to increase their profits.
View original language description ↓
MAHOULOME est un groupe de quatre personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Joselyne Mondoukpè (dont la main est levée sur la photo), est âgée de 32 ans et est mariée à un certain Oscor. Le couple a trois enfants tous scolarisés et à leur charge. Joselyne Mondoukpè et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Joselyne Mondoukpè n’a pas fréquenté l’école. Il y a quelques années, Joselyne Mondoukpè mène comme activité la vente des sachets et des pommades de façon ambulante. Joselyne Mondoukpè exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Joselyne Mondoukpè s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle, Joselyne Mondoukpè sollicite un troisième crédit avec les autres membres du groupe MAHOULOME. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.

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
  • 509.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahoulome Group's $500 loan helped a member to buy sachets and ointments.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 9, 2013