The MAHUTIN 2 group comprises five members who are friends living in the same neighborhood. The group's representative, Marie Kottin, is the woman raising her hand in the photo. It is the seventh time that this group is requesting financial support from ALIDé in order to raise its level of activity.
Marie Kottin is 60 years old and married to a man named Idelphonse. They have one chid who goes to school. Marie Kottin and her husband jointly take care of the household's expenses.
Marie Kottin did not go to school. She has been selling charcoal and palm wine from her home, for more than ten years. She buys her supplies in a town in Benin.
As the demand from her customers is increasing, and given her limited means, she can no longer satisfy all her customers' needs. In view of this, and because of their limited resources, Marie Kottin and the other members of the MAHUTIN 2 group are requesting a collective loan from ALIDé. Previous loans were duly repaid.
Le groupe MAHUTIN 2 est formé de cinq personnes qui sont des amies résidant dans le même quartier. La représentante de ce groupe, nommée Marie Kottin est celle dont la main est levée sur la photo. C’est la septième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Marie Kottin est âgée de 60 ans et est mariée à un certain Idelphonse. Le couple a un enfant qui est scolarisé. Marie Kottin et son mari supportent ensemble les diverses charges du ménage. Marie Kottin n’a pas fréquenté l'école. Il y a plus de dix ans que Marie Kottin mène comme activité la vente de charbon de bois et de vin de palme à son domicile. Marie Kottin s’approvisionne dans une ville du Bénin. La demande de sa clientèle devient de plus en plus grande et compte tenu de ses moyens limités, Marie Kottin n'arrive plus à bien répondre à leurs exigences. Eu égard à cela et compte tenu de leurs ressources limitées, Marie Kottin et les autres membres du groupe MAHUTIN 2 sollicitent ensemble un autre crédit auprès de ALIDé. Les crédits antérieurs ont été bien remboursés.
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.