The Mahudjro 24 group is made up of three people who belong to the same tontine group. The leader of the group who is called Patinvo Bertin (the one with his hand raised in the photo) is 57 years old. Patinvo Bertin went to school up to the end of the primary level. He is married to Josephine. They have five children, some of which attend school and two of which are dependent on them. Patinvo Bertin lives with his wife and his children. He and his wife share the family expenses. In order to have the means to do this Patinvo Bertin runs a business of transformation of palm nuts into vegetable oil and he also sells palm kernels. He has been running his business for about thirty years. Patinvo Bertin buys his stock at a market in Benin. In order to satisfy his clientele and to increase his turnover and his income, Patinvo Bertin and the other members of the Mahudjro 24 group, request a first loan from Alidé.
Le groupe MAHUDJRO 24 est composé de trois personnes qui appartiennent à un même groupe de tontine. Le représentant du groupe, du nom de Patinvo Bertin (celui qui a la main levée sur la photo) est âgé de 57 ans. Patinvo Bertin a fréquenté l’école jusqu'au niveau primaire. Patinvo Bertin est marié à Josephine. Le couple a cinq enfants, dont certains scolarisés et deux à leur charge. Patinvo Bertin vit ensemble avec sa femme et ses enfants. Patinvo Bertin et sa femme assurent ensemble les charges familiales. Pour ce faire, Patinvo Bertin exerce comme activité la transformation des noix de palme en l'huile végétale et vend également les noix palmistes depuis une trentaine d'années. Patinvo Bertin s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Patinvo Bertin sollicite ensemble avec les autres membres du groupe MAHUDJRO 24, un premier crédit auprès de 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.