MIZIONMAHU is a group of three people who all live in the same neighbourhood and are friends. The group representative, Agossi Damienne Adodo (who is raising her hand in the picture), is 36 and married to a man named Jacques. The couple has three children, some of whom are in school, one of whom is under their care. Agossi Damienne Adodo and her husband live together with their child and both work together to take care of the family. Agossi Damienne Adodo only went to school for a little while. For nearly ten years now, she has sold various articles and firewood from her home. She is passionate about her work, as it allows her to provide for her own needs and for those of her child. She buys her items from a market in Bénin. In order to provide better customer satisfaction, she and her fellow Mizionmahu group members are requesting a loan. This loan will allow them to better respond to their customers' demand and to increase their profits.
MIZIONMAHU est un groupe de trois personnes, dont les membres résident dans le même quartier et sont des amies. La représentante du groupe, Agossi Damienne Adodo (dont la main est levée sur la photo), est âgée de 36 ans et est mariée à un certain Jacques. Le couple a trois enfants dont certains scolarisés et un à leur charge. Agossi Damienne Adodo et son mari vivent ensemble avec leur enfant et assurent ensemble les différentes charges de la maison. Agossi Damienne Adodo a peu fréquenté l’école. Il y a près de dix ans que Agossi Damienne Adodo mène comme activité la vente de divers articles et des bois de chauffage à son domicile. Agossi Damienne Adodo exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Agossi Damienne Adodo s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Agossi Damienne Adodo sollicite un crédit avec les autres membres du groupe MIZIONMAHU. 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.