The Mawulome group is made up of 18 people who live in the same village. The group's representative, whose name is Léocardie, is the one with her hand raised in the photo. With a view to expanding their businesses so that they can meet customer demand more readily, this group is for the first time seeking financial support from Alidé.
Léocardie attended school very little and she is now 43 years old and married to a man named Sébastien. The couple has four children, some of whom are educated and only one of whom is a dependant. Léocardie and her husband live with their one dependant child and cover the various household expenses between them. In order to be able to contribute to providing for the family's needs, Léocardie has for the past 20 years or so been making cassava flour from cassava, and she sells her product in a region of Benin. She gets her supplies in her region.
With a view to expanding their businesses and better satisfying customer demand, Léocardie and the other members of the Mawulome group are requesting a first loan from Alidé.
Le groupement MAWULOME est composé de dix huit personnes qui résident dans le même village. La représentante de ce groupement, du nom de Léocardie est celle ayant une main levée sur la photo. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite pour une première fois l'appui financier de ALIDé. Léocardie a très peu fréquenté l’école. Léocardie est âgée de 43 ans et est mariée à un certain Sébastien. Le couple a quatre enfants, dont certains sont scolarisés et un reste à leur charge. Léocardie et son mari vivent ensemble avec leur enfant à charge et assurent ensemble les diverses de la famille. Pour contribuer aux divers besoins de sa famille, Léocardie produit depuis une vingtaine d'année, de la farine de manioc à base de manioc, et vend son produit dans une région du Bénin. Léocardie s'approvisionne dans sa région. Dans le but de renforcer leur activité et de mieux satisfaire leur clientèle, Léocardie et les autres membres du groupement MAWULOME sollicitent un premier crédit auprès de ALIDé. Leur ambition est d’accroître le niveau de leur activité.
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.