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Nonvignon Group
In this Group: Victoire, Anihouvi Annick Eudoxie, Séraphine Anne, Albertine, Augustine, Brigitte, Hélène, Dédé Delphine, Pierrette, Léonie, Bertine Kouessiba, Mahougnon Elise Chantal, Damienne, Odette
The Nonvignon Group includes 14 people who live in the same hamlet. This is the first time that this group has sought the financial assistance of Alidé in order to increase its business. The group's representative is a woman by the name of Victoire, who has her hand raised in the photo.

Victoire is 48 years old and lives in Benin. She left school at the primary level. Victoire is a widow with six children, of whom several have been sent to school and two are still in her care. Victoire lives with those two children. In order to provide for the family's various expenses, Victoire has sold palm oil in a district of Benin for some thirty years. As a secondary business, Victoire sells corn, beans and prepared rice. Victoire purchases her supplies in a market in Benin.

Seeking to satisfy her customers and to increase her sales and her income, Victoire, along with the other members of the Nonvignon Group, is requesting her first loan from Alidé.
View original language description ↓
Le groupement NONVIGNON est composé de quatorze personnes qui résident dans le même hameau. C'est la première fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de son activité. La représentante du groupe, du nom de Victoire est celle qui a la main levée sur la photo. Victoire est âgée de 48 ans et vit au Bénin. Victoire a arrêté l’école au niveau primaire. Victoire est une veuve. Victoire a six enfants dont certains scolarisés et deux restent encore à sa charge. Victoire vit avec ses deux enfants. Afin d'assurer les diverses charges de la famille, Victoire vend depuis une trentaine d’années, de l’huile de palme dans un quartier du Bénin. De façon secondaire, Victoire vend du maïs, de l’haricot, et du riz préparé. Victoire s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Victoire sollicite ensemble avec les autres membres du groupement NONVIGNON, un premier crédit auprès de ALIDé.

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
  • 486.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nonvignon Group's $1,625 loan helped a member to purchase cans of palm oil and sacks of corn.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012