The Mahudjro 4 group is made up of three friends who live in the same neighbourhood. The leader of the group who is called Fifame (the one with her hand raised in the photo) is 39 years old. Fifame did not go to school. She is divorced with two children who both attend school. Fifame lives with her children. Fifame supports her family all by herself. In order to manage this, she has been selling various articles, gari (flour made from manioc base), vegetable oil and lubricants (diesel oil) for about twenty years. She buys her stock at a market in Benin. In order to satisfy her customers and increase her turnover and her income, Fifame and the other members of the Mahudjro 4 group, request a second loan from Alidé. The previous loan was repaid correctly.
Le groupe MAHUDJRO 4 est composé de trois personnes qui sont des amies et vivent dans le même quartier. La représentante du groupe, du nom de Fifamè ( celle qui a la main levée sur la photo) est âgée de 39 ans. Fifamè n’a pas fréquenté l’école. Fifamè est divorcée avec deux enfants, tous scolarisés. Fifamè vit avec ses enfants. Fifamè assure toute seule les charges familiales. Pour ce faire, Fifamè vend divers articles, du gari( farine fait à base de manioc), de l'huile végétale et des lubrifiants(gasoil) depuis une vingtaine d’année. Fifamè 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, Fifamè sollicite ensemble avec les autres membres du groupe MAHUDJRO 4, 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.