WANGNIGNI is a group of three persons whose members reside in the same district. The group's representative, Léonie Yvonne Afiavi (whose hand is raised in the photo) is 42 years old. She halted her studies in secondary school. She no longer lives with her husband, has no children, and lives alone while seeing to her own needs.
For nine years, Léonie Yvonne Afiavi has been selling a variety of goods (sugar, cassava flour, plastic bags, canned food) and firewood in a district in Benin. She gets her supplies at a market in Benin.
Having the goal of expanding her business and being more competitive in the market, she would like to increase her stock of goods which will enable her to increase her sales and her revenues. For this reason, Léonie Yvonne Afiavi, along with the other members of the group WANGNIGNI, is requesting a second loan from ALIDé. The loan granted previously was indeed repaid.
WANGNIGNI est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Léonie Yvonne Afiavi (dont la main est levée sur la photo), est âgée de 42 ans. Léonie Yvonne Afiavi a arrêté l’école au niveau secondaire. Léonie Yvonne Afiavi ne vit plus avec son mari. Léonie Yvonne Afiavi n’a pas d’enfant. Léonie Yvonne Afiavi vit seule et assure seule ses divers besoins. Pour subvenir à ses besoins, Léonie Yvonne Afiavi vend depuis neuf ans, divers produits (sucre, farine de manioc, sachet, conserves) et des bois de chauffage dans un quartier du Bénin. Léonie Yvonne Afiavi s’approvisionne dans un marché du Bénin. Dans le but d’agrandir son activité et pour être plus compétitive sur le marché, Léonie Yvonne Afiavi désire augmenter le stock de ses produits ; ce qui lui permettra d’accroitre son chiffre d’affaire et son revenu. Pour cette raison, Léonie Yvonne Afiavi sollicite un deuxième crédit auprès de ALIDé, ensemble avec les autres membres du groupe WANGNIGNI. Le crédit consenti antérieurement a été bien remboursé.
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.