Midjratodo Agadon Group


Status: Paid Back

$1,450.00   Loan Request
$1,450.00   Paid Back

About the Group

Group Name: Midjratodo Agadon Group
Group Members: Noëlie Kindjinou
Agathe Bonou
Pauline Assogba
Véronique Noudeke
Dossi Akossinou
Céline Dandjinou
Philomène Kpassounou
Jeanne Fassinou
Elisabeth Kindjinou
Pelagie Kindjinou
Location: Kpanou-kpade, Benin
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,450.00
Loan Use: Purchase of 12 tons of palm nuts
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 22, 2008
Date Disbursed: May 7, 2008
Date Funded:Apr 23, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Benin
Avg Annual Income:$1,500.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:414.5042 XOF = 1 USD



Midjratodo Agadon is a group of ten women who live in Agadon. This group was created in 1984 and processes palm nuts and cassava. The group has been having trouble financing its business for quite some time due to the inexistence of a microfinance institution that can assist it in finding funds. This loan will give the group the financial resources it needs to increase production and improve the members’ standards of living.

Translated from French by Kristina Jackson, Kiva Volunteer.



MIDJRATODO AGADON est un groupement composé de 10 femmes qui se trouve à AGADON. Ce groupement qui existe depuis 1984 fait la transformation de noix de palme et également la transformation de manioc. Ce groupement connaît des problèmes de financement de ses activités depuis fort longtemps à cause de l’inexistence d’une IMF pouvant les accompagner. Le présent financement leur permettra de disposer de ressources financières pour l’augmentation de la production et l’amélioration de leurs conditions de vie.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

South Eugene HS NHS
Eugene, OR
United States

Vicki
San Diego, CA
United States

Pat
Ngatea, Hauraki Plains
New Zealand

Liz
Albany, OR
United States

Anonymous
Lincoln, CA
United States

Garry
Toronto, Ontario
Canada

Frank
Chicago, IL
United States

Leora
Mercer Island, WA
United States

Vern and Jay
Chicago, IL
United States

Kate
OH
United States

Jason
Beverly Hills, CA
United States

Alan
Pittsburgh, PA
United States

Tony
San Jose, CA
United States

Anonymous
Irvine, CA
United States

Marcia
Brooklyn, NY
United States

Bruce
Ashland, MA
United States

melody
Arlington, VA
United States

Meguido Zola
Vancouver, BC
Canada

Adele
Concord, MA
United States

Darlene
Coronado, CA
United States

megan & jon
chicago, IL
United States

The Bryson Family
Des Moines, IA
United States

Anuj
San Francisco, CA
United States

Isabel
Grand Prairie, TX
United States

suki
San Francisco, CA
United States

Jerry
Paradise, California
United States

Annie
el dorado, AR
United States

Ruth
Rotorua,
New Zealand

Lorenz
Hamburg,
Germany

Tsahi
Givat Shmuel,
Israel

Howard & Jillian
Vence,
France

Nicoletta
Terni, Terni
Italy

Gayle
Arlington, VA
United States

Kim
Waterloo, Ontario
Canada

LUIS MIGUEL
MOLINS DE REI, BARCELONA
Spain



Journal entries for Midjratodo Agadon Group


Loan has been disbursed
 
Entrepreneur: Midjratodo Agadon Group
Location: Kpanou-kpade, Benin

Thank you for your loan. It has been disbursed to the MIDJRATODO AGADON group, consisting of Pelagie Kindjinou, Elisabeth Kindjinou, Jeanne Fassinou, Philomène Kpassounou, Céline Dandjinou, Dossi Akossinou, Véronique Noudeke, Pauline Assogba, Agathe Bonou, Noëlie Kindjinou by Alidé in Benin. We are excited to watch this business grow. Over the next 12 months, Alidé will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kpanou-kpade, Benin
May 7, 2008
Comments (1)

Entrée au journal
 
Entrepreneur: Midjratodo Agadon Group
Location: Kpanou-kpade, Benin

Nous sommes aujourd'hui un groupe assez solide. Nous travaillons avec beaucoup d'ardeur et nous avons la pleine assurance que notre activité va connaître une forte croissance parce que nous sommes désormais motivés. Merci à vous tous qui aviez eu foi en un projet agricole.


Posted by Landry Akossehoun from Kpanou-kpade, Benin
Sep 10, 2008
Comments (1)

Kiva Help Repayment Schedule for Midjratodo Agadon Group

  Expected Repayments Actual Repayments Comments
August 2008 $120.83 $121.00 Repayment Received
September 2008 $120.83 $121.00 Repayment Received
October 2008 $120.83 $121.00 Repayment Received
November 2008 $120.83 $121.00 Repayment Received
December 2008 $120.83 $121.00 Repayment Received
January 2009 $120.83 $120.00 Repayment Received
February 2009 $120.83 $120.83 Repayment Received
March 2009 $120.83 $120.83 Repayment Received
April 2009 $120.83 $120.83 Repayment Received
May 2009 $120.83 $120.83 Repayment Received
June 2009 $120.83 $120.83 Repayment Received
July 2009 $120.87 $120.85 Repayment Received