NOUWAGNONGBE is a group of four people living in the same area in Benin. The representative of the group, Léa Victorine (with her hand raised in the photo), is fifty-one years old. Léa Victorine is married to a man named Julien. The couple has one child in school and in their care. Léa Victorine lives together with her husband and child. Together, the couple provides for the various household expenses. Léa Victorine stopped attending school at the secondary level. To cope with her various expenses, Léa Victorine has sold corn and manioc flour in her area for the last eight years. Léa Victorine stocks up in an area of Benin. In seeking the satisfaction of her clients and with an eye to increasing her business activities, Léa Victorine is asking for a first loan from Alidé, together with the other members of the group NOUWAGNONGBE. This loan will help them to better respond to the demands of their clients and to make higher profits.
NOUWAGNONGBE est un groupe de quatre personnes, dont les membres résident dans le même quartier au Bénin. La représentante du groupe, Léa Victorine (dont la main est levée sur la photo), est âgée de 51 ans. Léa Victorine est mariée à un certain Julien. Le couple a un enfant scolarisé et à leur charge. Léa Victorine vit ensemble avec son mari et son enfant. Le couple assure ensemble les diverses charges de la maison. Léa Victorine a arrêté l'école au niveau secondaire. Pour faire face à ses différentes charges, Léa Victorine vend depuis huit ans du maïs et de la farine de manioc dans son quartier. Léa Victorine s'approvisionne dans une région du Bénin. Dans la quête de la satisfaction de sa clientèle et en vue d'élargir son activité, Léa Victorine sollicite un premier crédit auprès de ALIDé, ensemble avec les autres membres du groupe NOUWAGNONGBE. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.
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.