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Menontin Group
In this Group: Séraphine, Rébecca, Pauline
The MENONTIN group consists of three members. Their representative is Séraphine, seen with her hand raised in the photo. She is 48 years old and lives in Benin. She is married to a fisherman named Nathanaël, and the couple has six children, four of them still in their care. Some of the children have attended school. Séraphine herself never went to school. She and her husband live together with their children.

To support herself and her family, Séraphine sells fish and shrimp. Her stock comes from one of Benin’s lakes.

In an effort to bolster their activities and better meet customer demand, Menontin is seeking financial support from ALIDé. Séraphine and the other group members are requesting a fifth loan. All previous loans were repaid without incident.
Le groupe MENONTIN est composé de trois membres. La représentante de ce groupe du nom de Séraphine est celle ayant une main levée 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 groupe sollicite l'appui financier de ALIDé. Séraphine est âgée de 48 ans et vit au Bénin. Séraphine est mariée à un pêcheur du nom de Nathanaël. Le couple à six enfants,dont quatre restent encore à leur charge.Certains des enfants sont scolarisés. Séraphine et son mari vivent ensemble avec leurs enfants. Séraphine n'a jamais été à l'école. Pour subvenir à ses besoins et à ceux de ses enfants, Séraphine mène comme activité la vente des poissons et des crevettes.Séraphine s'approvisionne dans l'un des lacs du Bénin. Dans le but de renforcer leur activité et mieux satisfaire à la demande de leur clientèle, Séraphine et les autres membres du groupe MENONTIN, sollicite un cinquième crédit auprès de ALIDé.Les crédits reçus antérieurement ont été bien remboursés.

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
  • 483.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Menontin Group's $950 loan helped a member to buy fish and shrimp for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 1, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012