Antoine Gnonlonfoun


Status: Paying Back

$325.00   Loan Amount
69% repaid

About the Entrepreneur

Name: Antoine Gnonlonfoun
Location: Cotonou, Benin
Activity: Cement

About the Loan

Loan Amount: $325.00
Loan Use: To buy two tons of cement and a motorized small boat
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2009
Date Disbursed: Apr 2, 2009
Date Funded:Mar 22, 2009

About the Country

Country:Benin
Avg Annual Income:$1,500.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:486.4625 XOF = 1 USD



Antoine GNONLONFOUN was born circa 1982 in Cotonou, the economic capital of Benin. He's married and the father of 2 children, out of which only the elder one attends school, the younger one being still a baby. Antoine GNONLONFOUN used to help his parents fish. He's been an adult for 9 years, and he now collects sand in the Cotonou lagoon with a group of friends. He then resells it to another man who, in turn, resells it to truck conveyers. Antoine GNONLONFOUN is seeking his third loan from Kiva's partner, Alidé, in order to purchase a motorized small boat in the coming months, and to start building semi-rigid apartments for renting. He will also continue his sand selling business.



Alidé means “there is always a path for the poorest” in Benin’s local language of Fon. Benin is a small West African country located next to Nigeria and has a per capita GDP of $1,500. Alidé offers special loans to highly vulnerable people at an interest rate of 0%. It is part of a group that is soon launching a micro health insurance program.

Translated from French by Patrick Stadelmann, Kiva Volunteer


GNONLONFOUN Antoine est né vers 1982 à Cotonou. Antoine est marié et a deux enfants dont l'aîné seul est scolarisé; le second est encore un bébé. GNONLONFOUN Antoine aidait ses parents à faire la pêche. Adulte depuis neuf ans , Antoine recueille avec l'aide d'un groupe d'amis, le sable de la lagune de Cotonou, Capitale économique du Bénin et le revend à un autre exploitant qui, à son tour le revend aux convoyeurs de sable par camion. GNONLONFOUN Antoine est à son troisième prêt avec ALIDé. Antoine dit avoir connu une amélioration substantielle de son niveau de vie depuis qu'il a commencé par avoir de prêts à ALIDé. GNONLONFOUN Antoine demande un troisième crédit pour acquérir dans les mois à venir une barque motorisée et commencer par ériger des appartements semi-durs qu'il mettra en location tout en continuant par mener son activité de vente de sable.


La signification de ALIDé en langue locale du Bénin, le Fon, est « un chemin existe toujours pour les plus pauvres ». Le Bénin est un petit pays de l’Afrique de l’Ouest à coté du Nigeria où le PIB par habitant est à $1,500. ALIDé offre les prêts spéciaux de 0% d’intérêt aux personnes très vulnérables et elle est dans un groupe qui lance bientôt un programme de la micro-assurance santé pour les bénéficiaires de micro crédit.




Subscribe

Lenders to this entrepreneur

susanne
Amsterdam, Noord-Holland
Netherlands

Elisabeth
Vinaros, Castellon
Spain

David
Hull,
United Kingdom

Beat Muttenzer
Zürich,
Switzerland

Roland
Göd, Pest
Hungary

NumbNut
Goonellabah, NSW
Australia

Sarah
Shanty Bay, Ontario
Canada

Jesper
Goteborg,
Sweden

Ko van Hespen
Hoofddorp, Zuid-Holland
Netherlands

Molly
West Orange, NJ
United States

Swiss Friends
prilly,
Switzerland



Top Lending Teams for this entrepreneur


Martial Artists
Common Interest
6 Members

Netherlands
Local Area
634 Members

Beer Goggles Never Lie... much
Common Interest
47 Members

Kiva Team Germany
Local Area
526 Members

Journal entries for Antoine Gnonlonfoun


Loan has been disbursed
 
Entrepreneur: Antoine Gnonlonfoun
Location: Cotonou, Benin

Thank you for your loan. It has been disbursed to Antoine GNONLONFOUN by Alidé in Benin. We are excited to watch this business grow. Over the 10 months of this loan, Alidé will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cotonou, Benin
Apr 2, 2009
Comment on this entry

Kiva Help Repayment Schedule for Antoine Gnonlonfoun

  Expected Repayments Actual Repayments Comments
June 2009 $0.00 $32.49  
July 2009 $32.50 $19.50 Repayment Received
August 2009 $32.50 $45.50 Repayment Received
September 2009 $32.50 $32.50 Repayment Received
October 2009 $32.50 $32.50 Repayment Received
November 2009 $32.50 $32.50 Repayment Received
December 2009 $32.50 $32.50 Repayment Received
January 2010 $32.50 Available Jan 1 Repayment Received
February 2010 $32.50 Available Feb 1  
March 2010 $32.50 Available Mar 1  
April 2010 $32.50 Available Apr 1