MIBLONONVI is a group of three people whose members live in the same neighborhood in Benin. The representative of the group, Mathilde (whose hand is raised in the photo) is 48-years old and married to a Dominique. The couple have four children, all attending school, three of which are dependent on them. Mathilde and her husband live together with their children and they take care of the different household expenses together. Mathilde stopped school at the secondary level. About 10 years ago, Mathilde started a business selling various products (canned goods, food, soap, candy, etc.) in her neighborhood. She is passionate about her business which enables her to take care of her needs and the needs of her children. Mathilde stocks up at a market in Benin. In pursuit of customer satisfaction, Mathilde is asking for her fifth loan with the other members of the Miblononvi Group. This loan will allow them to better respond to customer demand and to make more profit.
MIBLONONVI est un groupe de trois personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Mathilde (dont la main est levée sur la photo), est âgée de 48 ans et est mariée à un certain Dominique. Le couple a quatre enfants tous scolarisés, dont trois à leur charge. Mathilde et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Mathilde a arrêté l'école au niveau secondaire. Il y a dix années environs que Mathilde mène comme activité la vente de divers produits (conserves, vivres, savons, bombons, etc.) dans son quartier. Mathilde exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Mathilde s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Mathilde sollicite un cinquième crédit avec les autres membres du groupe MIBLONONVI. 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.