MAHUDJRO 5 is a group of five people who are all friends and practice the same religion. The group representative, Dohoué Alice (who is raising her hand in the photo), is 50 and a widow. She has four children, some of whom are in school, all of whom are under her care. She never went to school. Dohoué Alice lives alone with her children and takes care of them by herself. In order to do so, she has prepared and sold gruel with pastries at a local intersection for about ten years now. She is passionate about her work, because it allows her to provide for her children's needs and for her own.
Dohoué Alice gets her supplies in a market in Bénin. In order to provide better customer satisfaction, she is requesting her first loan along with her fellow MAHUDRO 5 group members. This loan will allow them to better respond to customer demand and to make more profits.
MAHUDJRO 5 est un groupe de quatre personnes, dont les membres sont des amies pratiquant dans la même réligion. La représentante du groupe, Dohoué Alice (dont la main est levée sur la photo), est âgée de 50 ans et est une veuve. Dohoué Alice a quatre enfants dont certains scolarisés et tous à sa charge. Dohoué Alice n’a pas été à l’école. Dohoué Alice vit seule avec ses enfants et assure seule leurs divers besoins. Pour ce faire, Dohoué Alice prépare et vend depuis une dizaine d’année, de la bouillie accompagné du pâté à un carrefour de sa région. Dohoué Alice exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Dohoué Alice s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Dohoué Alice sollicite un premier crédit avec les autres membres du groupe MAHUDRO 5. 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.