It's a matter of a group consisting of two people in surety. Mahounou Marcelle is the leader and is 32 years old, is married and mother to one child who is 1 year and 8 months old. Hairdresser by training, she has joined to her training the sale of hair extensions and hair creams for several years. She gets her supplies in one of the markets of Bénin and from outside the country. With the goal of increasing her capital and satisfying the needs of her clientele, she requested and obtained a microloan from Finadev in order to maximize her profits and to participate in the responsibilities of the family. Mahounou Marcelle is on the left of the photo.
Il s'agit d'un groupe composé de deux personnes en caution solidaire. Mahounou Marcelle la responsable, âgée de 32ans, est mariée et mère d'un enfant âgé de 1an 8mois. Coiffeuse de formation, elle associe à sa formation la vente de mèches et des pommades de cheveux depuis quelques années. Elle s'approvisionne dans l'un des marchés du Bénin et de l'extérieur. Dans le but d'augmenter son capital et de satisfaire les besoins de sa clientèle, elle a sollicité et a obtenu un micro crédit à finadev en vue de maximiser son profit et de participer aux charges de la famille. Mahounou Marcelle se retrouve à gauche de la photo.
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.