The MASSAVOH group consists of sixteen people who all live in the same neighbourhood. This is the second time that the group is requesting financial support from the micro-finance institution ALIDé in order to improve the level of their businesses. The leader of the group is called Juliette. She is raising her hand in the photo. Juliette left primary school and trained as a seamstress. Juliette is 34 years old and married to a joiner named Gilbert. The couple has four children who are all in school and in their care. Juliette lives together with her husband and her children. The couple takes care of the various household expenses. To this end, Juliette has been working as a seamstress in her workshop in Benin for eight years. In addition to this activity, Juliette sells various food products (corn, cassava flour, etc) from her workshop. These business activities enable her to cater to her family's needs. Juliette gets her supplies from a market in Benin. In order to ensure customer satisfaction and increase her revenue and income, Juliette is requesting her second loan from ALIDé together with the other members of the MASSAVOH group. The first loan has been duly repaid.
Le groupement MASSAVOH est composé de seize personnes qui habitent le même quartier. C'est la deuxième fois que ce groupe, sollicite l'aide financier de ALIDé afin d’élever le niveau de son activité. La représentante du groupe, du nom de Juliette est celle qui a la main levée sur la photo. Juliette a arrêté l’école au niveau primaire et a appris la couture. Juliette est âgée de 34 ans et est mariée à un menuisier du nom de Gilbert. Le couple a quatre enfants tous scolarisés et à leur charge. Juliette vit ensemble avec son mari et ses enfants. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Juliette mène comme activité depuis huit ans la couture dans son atelier au Bénin. Parallèlement à cette activité, Juliette vend divers produits vivriers (maïs, farine de manioc) dans son atelier. Ces activités lui permettent de contribuer aux besoins de sa famille. Juliette 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, Juliette sollicite ensemble avec les autres membres du groupe MASSAVOH un deuxième crédit auprès de ALIDé. Le premier prêt 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.