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Gbenonkpo 30 Group
In this Group: Philomène , Bernadette, Josephine
The Gbenonkpo 30 Group is made up of three people who earn their income in the same way and belong to the same tontine group. The representative of the group, Philomène, is pictured here with her hand raised. This is the third time that the group has asked for financial support through ALIDé with the goal of raising their level of business.

Philomène is 33 years old and married to a farmer named Joackim. The couple has two children, both of whom are dependents and one is attending school. The couple both provide for the family. Philomène has not attended school.

For the past decade, Philomène has run a business processing palm nuts and selling cassava flour in a region of benin. This has allowed her to respond to the needs of her family without any major difficulties. Philomène stocks up at a market in Benin.

With the challenge of better responding to the demands of her clientele, Philomène, along with the other members of the Gbenonkpo 30 Group, is asking for a third loan via ALIDé. The previously issued loans were properly repaid.
View original language description ↓
Le groupe GBENONKPO 30 est formé de trois personnes qui exercent les mêmes activités génératrices de revenus et appartiennent à un même groupe de tontine. La représentante de ce groupe, nommée Philomène, est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Philomène est âgée de 33 ans et est mariée à un cultivateur du nom de Joackim. Le couple a deux enfants, dont un est scolarisé et tous à leur charge. Philomène vit ensemble avec son mari et ses enfants. Le couple assure ensemble les différentes charges. Philomène n’a pas fréquenté l’école. Depuis une dizaine d’année, Philomène exerce comme activité, la transformation de noix de palme et la vente de la farine de manioc dans une région au Benin. Ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Philomène s’approvisionne dans un marché du Bénin. Dans le souci de mieux répondre aux exigences de sa clientèle, Philomène désire renforcer son activité. Pour ce faire, Philomène sollicite, ensemble avec les autres membres du groupe GBENONKPO 30, un troisième crédit auprès de ALIDé. Les crédits précédents ont été bien remboursés.

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
  • 498.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gbenonkpo 30 Group's $625 loan helped a member to purchase palm nuts and cassava flour.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Apr 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013