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Mahuklo 3 Group
In this Group: Enagnon Yvonne, Elisabeth, Pauline Yabo
MAHUKLO 3 is a group made up of three members who all live in the same area. In order to raise the level of their activity and to meet the demand of their customers, the members of this group have turned to ALIDé to obtain a loan.

The group's representative, Enagnon Yvonne, is 27 years old. She is the woman raising her hand in the photo. She is married to Alexis, a mason, and is the mother of two children, one of whom is in school. Both children are the couple's dependents.

Enagnon Yvonne lives with her husband and children, and takes care of the various household expenses with her husband. She has attended school for a short period of time. In order to contribute to the various expenses of the family, she started selling fabrics (and additionally, kitchen utensils) ten years ago.

In order to raise the level of her activity while diversifying her business, Enagnon Yvonne is requesting her first loan from ALIDé, along with the other members of the MAHUKLO 3 group.
View original language description ↓
MAHUKLO 3 est un groupe de trois personnes, dont les membres résident dans la même zone. Afin d'élever le niveau de leur activité et de faire face à la demande de leur clientèle, ce groupe s'est rapproché de ALIDé, en vue de l'obtention d'un prêt. La représentante du groupe, Enagnon Yvonne (dont la main est levée sur la photo), est âgée de 27 ans. Enagnon Yvonne est mariée à Alexis, un maçon et est mère de deux enfants, dont un est scolarisé, et tous à leur charge. Enagnon Yvonne vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison.Enagnon Yvonne a peu fréquenté l'école. Pour contribuer aux diverses charges de la maison, Enagnon Yvonne a commencé depuis dix ans la vente de tissus et parallèlement, la vente d'ustensiles de cuisine. Dans le but de rehausser le niveau de son activité, tout en la diversifiant, Enagnon Yvonne sollicite ensemble avec les autres membres du groupe MAHUKLO 3, un premier crédit auprès de ALIDé.

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
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahuklo 3 Group's $500 loan helped a member to buy fabrics.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2013