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Nouwagnon Group
In this Group: Antoinette, Victorine, Odile, Mélanie, Geneviève, Hélène, Joséphine, Joséphine, Rosaline, Dénise, Hortense, Affiavi, Aline, Sènami, Madeleine, Pélagie, Lokossi, Elisabeth, Léocadie, Eugénie, Valérie, Rosette, Léontine
The Nouwagnon Group is made up of 23 people who live in the same hamlet. The representative of this group is a woman named Antoinette, who has her hand raised in the photo.

Antoinette is 55 years old and is a widow. She is the mother of four children, all in her care. Antoinette attended very little school. For some thirty years, in order to meet her needs and provide for the needs of her children, Antoinette has been producing palm oil (made from palm nuts), which she sells in her area. In addition to this business that provides her with a not insignificant income, Antoinette sells bananas.

Antoinette purchases her wares in a village in Benin. This is the second time that Antoinette and the other members of the Nouwagnon Group have sought a loan from Alidé. This loan will allow them to strengthen their business and to increase their sales, in order to better respond to the needs of their customers.
View original language description ↓
Le groupement NOUWAGNON est formé de vingt trois personnes qui résident dans le même hameau. La représentante de ce groupe, nommée Antoinette est celle dont la main est levée sur la photo. Antoinette est âgée de 55 ans, et est une veuve. Antoinette est mère de quatre enfants, tous à sa charge. Aucun des enfants n'est scolarisés. Antoinette a très peu fréquenté l'école. Depuis une trentaine d'année, afin de subvenir à ses besoins et d'assurer les besoins de ses enfants, Antoinette produit de l'huile de palme (à base des noix de palme) qu'elle vend dans sa région. Parallèlement à cette activité qui lui procure des revenus non négligeables, Antoinette vend de la banane. Antoinette achète ses produits dans un village du Bénin. C’est la deuxième fois que Antoinette et les autres membres du groupement NOUWAGNON sollicitent un crédit auprès de ALIDé. Ce crédit leur permettra de renforcer leur activité et d'accroître leur chiffre d’affaire, afin de mieux répondre à la demande de leur clientèle.

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 Nouwagnon Group's $2,650 loan helped a member to purchase palm nuts and bunches of bananas.
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:
Jul 15, 2012