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Ola Oluwa Group
In this Group: Mariam, Sêmahon Marcelle, Sèyivè Laure
The OLA OLUWA group consists of three women who are friends and who belong to the same savings group. The group's representative, Mariam, is the woman raising her hand in the photo.

Mariam is 38 years old and lives in Benin. She never went to school. She is married to a merchant named Mounirou. Mariam and her husband have three children, all in school and all their dependents. The couple jointly takes care of the household expenses. In order to cover her various expenses, Mariam has been selling kitchen utensils (plates, ice boxes, etc.) for the past four years. Additionally, she also sells shoes at a market in Benin. She buys her goods in Lomé.

Eager to satisfy her customers' needs, and in order to increase her turnover and income, Mariam is requesting a second loan from ALIDé, along with the other members of the OLA OLUWA group. The first loan was well repaid.
View original language description ↓
Le groupe OLA OLUWA est composé de trois personnes qui sont des amies et qui appartiennent à un même groupe de tontine. La représentante du groupe, du nom de Mariam est celle qui a la main levée sur la photo. Mariam est âgée de 38 ans et vit au Bénin. Mariam n’a pas fréquenté l’école. Mariam est mariée à un marchand du nom de Mounirou. Le couple a trois enfants tous scolarisés et à leur charge. Mariam vit ensemble avec son mari et ses enfants. Le couple assure ensemble les diverses charges de la maison. Afin faire face à ses diverses charges, Mariam vend depuis quatre ans, des ustensiles de cuisine (assiettes, glacières, etc.). Mariam vend aussi de façon parallèle, des chaussures dans un marché du Benin. Mariam s’approvisionne à Lomé. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Mariam sollicite ensemble avec les autres membres du groupe OLA OLUWA, un deuxiéme crédit auprès de ALIDé. Le premier crédit a été bien remboursé.

Additional Information

About 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.

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ola Oluwa Group's $800 loan helped a member to buy kitchen utensils (plates and ice boxes).
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 16, 2012
May 15, 2012
Currency Exchange Loss:
Jul 19, 2013