Elisabeth Kougnimon


Status: Paying Back

$250.00   Loan Amount
70% repaid

About the Entrepreneur

Name: Elisabeth Kougnimon
Location: Cotonou, Benin
Activity: Fish Selling

About the Loan

Loan Amount: $250.00
Loan Use: To buy 10 plastic baskets and 15 plastic containers
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2009
Date Disbursed: Apr 3, 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:480.4742 XOF = 1 USD



Elisabeth KOUGNIMON was born circa 1981 in Ganvié, she's married to Lissanon MIGNANWANDE and the mother of five children, out of which two attend school. She was introduced to fish selling during her childhood. To this day, she continues to run this business. She already benefited from two loans from Kiva's partner, Alidé. She wants to diversify her business by selling plastic basins and containers. This is the reason why she's seeking a third loan, which will enable her to increase her profit and to better provide for herself.


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


KOUGNIMON Elisabeth est née vers 1981 à Ganvié. KOUGNIMON Elisabeth est mariée à MIGNANWANDE Lissanon et mère de cinq enfants dont 2 sont scolarisés. KOUGNIMON Elisabeth a été initiée depuis son enfance à la vente de poisson. KOUGNIMON Elisabeth continue de mener cette activité de vente de poisson. KOUGNIMON Elisabeth a déjà deux crédits avec ALIDé. KOUGNIMON Elisabeth veut diversifier un peu son activité avec la vente de récipients et bassines en plastique. C'est pourquoi KOUGNIMON Elisabeth sollicite un troisième crédit; ainsi KOUGNIMON Elisabeth va pouvoir tirer plus de revenus de ses activités lui permettant de satisfaire au mieux ses besoins.


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.




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Journal entries for Elisabeth Kougnimon


Loan has been disbursed
 
Entrepreneur: Elisabeth Kougnimon
Location: Cotonou, Benin

Thank you for your loan. It has been disbursed to Elisabeth KOUGNIMON 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 3, 2009
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Kiva Help Repayment Schedule for Elisabeth Kougnimon

  Expected Repayments Actual Repayments Comments
June 2009 $0.00 $31.25  
July 2009 $25.00 $31.25 Repayment Received
August 2009 $25.00 $12.50 Repayment Received
September 2009 $25.00 $25.00 Repayment Received
October 2009 $25.00 $25.00 Repayment Received
November 2009 $25.00 $25.00 Repayment Received
December 2009 $25.00 $25.00 Repayment Received
January 2010 $25.00 Available Jan 1 Repayment Received
February 2010 $25.00 Available Feb 1  
March 2010 $25.00 Available Mar 1  
April 2010 $25.00 Available Apr 1