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Nounagnon Group
In this Group: Jacqueline, Geneviève, Mèwanoussi, Hounmè Sossi, Célestine, Lèdotindé, Rosine, Lucienne, Sidonie, Léonie, Jeanne, Viviane, Rosaline, Victoire, Jeanne, Martine, Henriette
Nounagnon group consists of seventeen people who live in the same town and are in revenue-generating businesses in Bénin. The representative of this group, named Jacqueline, is the one whose hand is raised on the photo. Jacqueline is 37 years old and is married to a dressmaker named Charles. The couple has six children, all under their care and some of whom go to school. Jacqueline did not go to school. Jacqueline lives together with her children and her husband and takes care of the diverse household responsibilities together with her husband.

For twelve years Jacqueline has been selling snails and corn in certain regions of Bénin. On the side, Jacqueline sells akassa [local dough made with corn starch]. Jacqueline gets her supplies in several regions of Bénin. This is the second time that Jacqueline and the other members of the group Nounagnon are requesting a loan from ALIDé. This loan will allow them to strengthen their business in order to better meet their clientèle's demands and therefore increase their turnover. The first loan was well repaid.
View original language description ↓
Le groupement NOUNAGNON est composé de dix sept personnes qui habitent dans le même village et exercent des activités génératrices de revenus au Bénin. La représentante de ce groupement, nommée Jacqueline est celle dont la main est levée sur la photo. Jacqueline est âgée de 37 ans et est mariée à un couturier du nom de Charles. Le couple a six enfants, tous à leur charge et dont certains sont scolarisés. Jacqueline n’a pas fréquenté l’école. Jacqueline vit ensemble avec ses enfants et son mari et assure ensemble avec son mari les diverses charges de la maison. Depuis douze ans, Jacqueline vend des escargots et du maïs dans certaines régions du Bénin. De façon secondaire, Jacqueline vend d’akassa (pâte locale faite à base d'amidon de maïs). Jacqueline s’approvisionne dans plusieurs régions du Benin. C’est la deuxième fois que Jacqueline et les autres membres du groupement NOUNAGNON sollicitent un crédit auprès de ALIDé. Ce crédit leur permettra de renforcer leur activité afin de mieux répondre à la demande de leur clientèle et par la suite augmenter leur chiffre d’affaire. Le premier crédit a été bien remboursé.

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
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nounagnon Group's $1,775 loan helped a member to buy 10 sets of 40 snails and a bag of corn.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012