The MAHUNA group has three members who live in the same neighborhood. Sehoue Enagnon Loïse is the leader of the group and is raising her hand in the photo. She is 30 years old and is married to Jean. The couple has one child who is in their care and attends school. Sehoue Enagnon Loïse lives together with her husband and her children. Sehoue Enagnon Loïse and her husband take care of the various household expenses. For almost nine years, Sehoue Enagnon Loïse has been selling clothes that she makes in her workshop. Sehoue Enagnon Loïse gets her sewing materials and fabric supplies from a market in Benin. This is the seventh time that Sehoue Enagnon Loïse and the other members of the MAHUNA group are seeking financial support from the microfinance institution ALIDé in order to strengthen their working capital and their businesses and to better respond to the needs of their customers. The previous loans have been duly repaid.
MAHUNA est un groupe de trois personnes, dont les membres résident dans un même quartier. La représentante du groupe, Sehoue Enagnon Loïse (dont la main est levée sur la photo), est âgée de 30 ans et est mariée à un certain Jean. Le couple a un enfant scolarisé et à leur charge. Sehoue Enagnon Loïse vit ensemble avec son mari et son enfant. Sehoue Enagnon Loïse assure avec son mari, les diverses charges de la maison. Depuis près de neuf ans, Sehoue Enagnon Loïse vend des vêtements qu'elle confectionne dans son atelier. Sehoue Enagnon Loïse s’approvisionne en tissus et en matériels de couture dans un marché du Bénin. C’est la septième fois que Sehoue Enagnon Loïse et les autres membres du groupe MAHUNA sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Les crédits reçus précédemment 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.