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Degnon Group
In this Group: Valérie, Clémentine, Louise
DEGNON is a group made up of three people whose president (the one who is raising her hand in the photo) is called Valérie. The members of the group belong to the same church. In order to grow their working capital, this group is asking for their third loan from ALIDé.

Valérie was born on April 7, 1972 in Bénin. She is married to a carpenter named Victorin. The couple have two children, both enrolled in school, and live together with their children. Valérie began selling charcoal at her home 13 years ago. Secondarily, she sells cookies. She buys her supplies in a market in Bénin. This activity generates revenue that she uses to help support the family. This third loan will certainly permit Valérie and the other members of the group called DEGNON to expand their business and grow their clientele and their revenue.
View original language description ↓
DEGNON est un groupe constitué de trois personnes et dont la présidente (celle qui a la main levée sur la photo) se nomme Valérie. Les membres du groupe appartiennent à la même Eglise. Dans le but d’augmenter leur fonds de roulement, ce groupe sollicite pour la troisième fois, un crédit auprès de ALIDé. Valérie est née le 07 Avril 1972 au Bénin. Valérie est mariée à un menuisier du nom de Victorin. Le couple a deux enfants tous scolarisés et vivant ensemble avec eux. Après avoir arrêté l’école au cours secondaire, Valérie a commencer depuis treize ans, la vente de charbon de bois à son domicile. De façon secondaire, Valérie vend des biscuits. Valérie s'approvisionne dans l'un des marché du Bénin. Cette activité lui génère des revenus l'aidant à ainsi assurer les diverses charges de la famille. Ce troisième prêt permettra certainement à Valérie et aux autres membres du groupe DEGNON de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.

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
  • 462.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Degnon Group's $800 loan helped a member to buy sacks of charcoal.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
May 26, 2011
Jul 3, 2011
Currency Exchange Loss:
Apr 18, 2012