Mahuena Sourou A is a group of five individuals living in the same neighborhood of Benin. The group’s representative, Henriette Caritas Bai (the one raising her hand in the photo) is 50 years old and a window. Henriette Caritas Bai has two children, who are self-supporting. She lives alone and provides for herself. Henriette Caritas Bai has had very little formal schooling. For about 15 years, Henriette Carita Bai has been selling miscellaneous items (soap, bags, fabric, school supplies, etc) through a distribution system, which allows her to support herself. She stocks up in a town of Benin. With the goal of customer satisfaction, Henriette Caritas Bai, along with the other members of the Mahuena Sourou A group, is seeking a fourth loan. This loan will allow the group members to better meet demand and increase their profits.
MAHUENA SOUROU A est un groupe de cinq personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Henriette Caritas Baï (dont la main est levée sur la photo), est âgée de 50 ans et est une veuve. Henriette Caritas Baï est mère de deux enfants, qui ne sont plus à sa charge. Henriette Caritas Baï vit seule et assure seule ses différents besoins. Henriette Caritas Baï a très peu fréquenté l'école. Il y a une quinzaine d'année, Henriette Caritas Baï mène comme activité la vente de divers produits (savons, sacs, tissus, fournitures scolaires, etc.) par le système de distribution ; ce qui lui permet de subvenir à ses besoins. Henriette Caritas Baï s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle, Henriette Caritas Baï sollicite un quatrième crédit avec les autres membres du groupe MAHUENA SOUROU A. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.
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.