MAHUKPEGO DJEFFA is a group consisting of three people, whose representative (the one with the raised hand in the photo) is named Louise-Martine. The group members operate their businesses in the same neighborhood of Benin. In order to increase their working capital, this group is asking for the second time, a loan via ALIDE. Louise-Martine was born on March 15, 1975 in Benin and is married to Emmanuel, a hotel owner. The couple have five children, all in school and in their care. Louise-Martine has never attended school. To meet her needs and those of her family, Louise-Martine sells her hardware products in her neighborhood. Louise-Martine has been in business for almost four years, which has enabled her and her husband to take care of the various family expenses. Louise-Martine stocks up in a city of Benin. This second loan will certainly allow Louise-Martine and the other members of the MAHUKPEGO DJEFFA group to enhance the level of their business and increase their number of customers and their income.
MAHUKPEGO DJEFFA est un groupe constitué de trois personnes et dont la représentante (celle qui a la main levée sur la photo) se nomme Louise Martine. Les membres du groupe exercent leurs activités dans le même quartier au Bénin. Dans le but d’augmenter leur fonds de roulement, ce groupe sollicite pour la deuxième fois, un crédit auprès de ALIDé. Louise Martine est née le 15 Mars 1975 au Bénin et est mariée à Emmanuel, un hôtelier. Le couple a cinq enfants tous scolarisés et à leur charge. Louise Martine n’a jamais été à l’école. Pour satisfaire ses besoins et ceux de sa famille, Louise Martine vend des produits de quincaillerie dans son quartier. Louise Martine exerce cette activité depuis près de quatre ans, ce qui lui permet ensemble avec son mari, d’assurer les diverses charges de la famille. Louise Martine s’approvisionne dans une ville du Bénin. Ce deuxième prêt permettra certainement à Louise Martine et aux autres membres du groupe MAHUKPEGO DJEFFA de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.
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.