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Wologuede Group
In this Group: Victoire, Cathérine, Victoire, Bernadette, Micheline, Pauline, Géradine, Viviane, Odile, Zita, Jinette, Wilfried
The WOLOGUEDE group consists of twelve people who live in the same area and practice the same activity. This is their first time seeking financial assistance from ALIDé to bolster their activity.

The group's representative is Victoire, seen in the photo with her hand raised. She was born in Benin in 1981, and she is married to a man named Emile. The couple have one dependent child who attends school.

Victoire lives with her husband and their child, and the couple handle together the various household responsibilities. To that end, Victoire has been selling onions for five years as a means of earning a living for herself and her family. As a sideline, she also sells palm oil in a city of Benin. Victoire gets her stock at the largest market of Benin.

Victoire, together with the other group members, is seeking this first loan to achieve customer satisfaction and increase her revenue and profits.
Le groupe WOLOGUEDE est composé de douze personnes qui se connaissent de part leur activité et qui habitent la même zone. C'est la première fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupe, du nom de Victoire est celle qui a la main levée sur la photo. Victoire est née en 1981 au Bénin et est mariée à un certain Emile. Le couple a un enfant qui est scolarisé et à leur charge. Victoire vit ensemble avec son mari et son enfant. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Victoire mène comme activité depuis cinq ans la vente d’oignon. A côté de cette activité qui lui permet de subvenir à ses besoins et d’assurer les besoins de ses enfants, Victoire vend aussi de l’huile de palme dans une ville du Bénin. Victoire s’approvisionne dans le plus grand marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Victoire sollicite, ensemble avec son groupe, un premier crédit.

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
  • 467.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wologuede Group's $975 loan helped a member to buy bags of onions.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011