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Mahugnon Group
In this Group: Joséphine , Alphonsine Dégbé, Eliane
MAHUGNON is a group made up of three members who belong to the same savings group.

The group's representative, Joséphine, is the one raising her hand in the photo. She is a 55-year-old widow with nine children. Some of her children are in school and two are still her dependents. She lives alone with the two children who are still in her care and she manages to meet their needs as well as her own, alone.

Joséphine never attended school. For the past ten years or so, she has been selling various goods (charcoal etc.) as well as school supplies, from her home. She is passionate about her work, which allows her to meet her needs as well as those of her children. She buys her goods at a market located in Benin.

To ensure the satisfaction of her customers and in order to boost her turnover, Joséphine is requesting a seventh loan, along with the other members of the MAHUGNON group. This loan will help them to better meet their customers' expectations and to increase their profits.
View original language description ↓
MAHUGNON est un groupe de trois personnes, dont les membres appartiennent à un même groupe de tontine. La représentante du groupe, Joséphine (dont la main est levée sur la photo), est âgée de 55 ans et est une veuve. Joséphine a neuf enfants dont certains scolarisés et dont deux restent sa charge. Joséphine vit seule avec ses deux enfants restants et assure seule ses différents besoins et ceux de ses enfants à charge. Joséphine n'a pas fréquenté l'école. Il y a une dizaine d’année que Joséphine vend divers articles (charbon de bois, etc.) et des fournitures scolaires à son domicile. Joséphine exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Joséphine s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement, Joséphine sollicite un septième crédit avec les autres membres du groupe MAHUGNON. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.

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
  • 502.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahugnon Group's $1,000 loan helped a member to buy school supplies and various other goods (charcoal etc...).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Sep 20, 2012
Currency Exchange Loss:
Sep 26, 2013