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Wangninagbe Group
In this Group: Joulienne, Augustine, Carolle, Chadjou, Jeanne, Métoché, Metohoun, Senouavi, Gisèle, Emilienne, Mèdeyonmi, Jeanne, Rachel, Jeanne, Jeanne, Dossi, Lucienne, Bernadette
The Wangninagbe group of 20 entrepreneurs all live in the same village of Avrankou, just outside Porto-Novo, Benin's administrative capital. This is their first loan with ALIDE.

Joulienne (with her hand raised in the photo) was born in 1979 in Avrankou. She now lives with her husband Antoine and their three children. For the past 20 years she has sold fruits and meals around her neighborhood. This loan will enable her to purchase fruits, palm nuts, corn and condiments for sale and as ingredients for meals. Her aim in the long term is to build a beautiful home. She claims to have a very strong entrepreneurial spirit.

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
  • 465.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wangninagbe Group's $2,025 loan helped a member to purchase fruits, nuts, corn and condiments for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Mar 22, 2011
Mar 26, 2011
Currency Exchange Loss:
Nov 15, 2011