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Wangnignigbe 2 Group
In this Group: Félicité, Virginie, Antoinette, Joséphine, Madeleine, Cathérine, Antoinette, Julienne, Ablawa, Virginie, Béatrice, Honorine, Jacqueline, Eugenie, Sylia, Armelle, Damienne, Julienne, Eugenie
The "Wangnignigbe 2" group is composed of 19 members who know each other given the fact that they run their businesses together in the same area. The president of this group, named Eugenie, is the one whose finger is raised in the photo. With the goal of raising the level of their businesses in order to better meet the needs of their clientele, this group is seeking its first loan through ALIDÉ (one of Kiva's field partners).
Eugenie was born on 7 February 1982 in Comè, Benin. She is married to a welder named Désiré and has two children. both of whom are in school. In addition to her own children, Eugenie has one other child in her care. Close to five years ago, Eugenie and her family settled in Ouèdo, in the town of Abomey Calavi. For three years, Eugenie has been preparing food (maize paste accompanied by fish sauce, rice, etc.) that she sells at her restaurant in Ouèdo. This business generates an income that helps her provide for herself and her children. Eugenie buys her goods at Dantokpa, the international market in Benin, and sometimes at the Cococodji market. With the goal of strengthening her business and better satisfying her clientele, Eugenie, along with her fellow group members, is seeking a loan through ALIDÉ. Her ambition is to make her restaurant a landmark in the arrondissement of Ouèdo.
Le groupement WANGNIGNIGBE 2 est composé de 19 membres qui se connaissent compte tenu du fait qu'ils cotisent ensemble dans le même quartier. La présidente de ce groupement, du nom de Eugenie, est celle ayant un doigt levé sur la photo. Dans le but de rehausser le niveau de leur activité afin de mieux faire face à la demande de leur clientèle, ce groupement sollicite pour la première fois l'appui financier de ALIDé.
Eugenie est née le 07 Février 1982 à Comè au Bénin. Eugenie est mariée à un soudeur du nom de Désiré et est mère de deux enfants, tous scolarisés. En plus de ses enfants, Eugenie a un autre enfant à sa charge. Il y a près de cinq ans que Eugenie s'est installée avec sa famille à Ouedo, dans la commune d'Abomey Calavi. Depuis trois ans, Eugenie prépare de la nourriture (pâte de maïs accompagnée de sauce aux poissons, riz, etc.) qu'elle vend dans son restaurant à Ouèdo. Cette activité lui génère des revenus l'aidant à subvenir à ses besoins et à ceux de ses enfants. Eugenie achète ses produits à Dantokpa, marché international du Bénin, et parfois au marché de Cococodji. Dans le but de renforcer son activité et de mieux satisfaire sa clientèle, Eugenie sollicite ensemble avec ses autres membres, un crédit auprès de ALIDé. Son ambition est de faire de son restaurant une référence dans l'arrondissement de Ouèdo.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 450.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wangnignigbe 2 Group's $2,300 loan helped a member to buy maize, fish, vegetable oil, and sauce condiments.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 23, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011