Mahoudjro is a group of five people who live in the same district. The representative of the group, whose name is Elise Améyo, is the one with her hand raised in the photo. She is 30 years old and did not attend school. She is married to a man named Alexis. The couple has four children, who are all at school and in their care. Elise Améyo and her husband cover the various family expenses between them. In order to do this, Elise Améyo has been selling corn "bouillie" (a type of gruel) and fritters (made with wheat flour) on a door-to-door basis for the past 11 years. She gets her supplies in a market in Benin. With a view to boosting her business and satisfying customer demand, Elise Améyo has got together with the other members of the Mahoudjro group to request a second loan from Alidé. The previous loan was repaid in full.
MAHOUDJRO est un groupe de cinq personnes, dont les membres résident dans le même quartier. La représentante du groupe, nommée Elise Améyo est celle qui a la main levée sur la photo. Elise Améyo est âgée de 30 ans et n'a pas fréquenté l'école. Elise Améyo est mariée à un certain Alexis. Le couple a quatre enfants, tous scolarisés et à leur charge. Elise Améyo et son mari assurent ensemble les charges familiales. Pour ce faire, Elise Améyo vend de la bouillie de maïs et des beignets (à base de farine de blé) depuis onze ans de façon ambulante. Elise Améyo s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité et de satisfaire la demande de sa clientèle, Elise Améyo s’associe avec les autres membres du groupe MAHOUDJRO pour solliciter un deuxième crédit auprès de ALIDé. Le prêt antérieur a été bien remboursé.
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.