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Nonvignon 2 Group
In this Group: Sylvie Marie-Rose, Afiavi Marcellin, Ablavi
The «NONVIGNON 2» group has three members. The group's representative (who is raising her finger in the photo) is called Sylvie Marie-Rose. The members of this group all live in the same neighborhood. With the aim of increasing their working capital, they are requesting their first loan from ALIDé.

Sylvie Marie-Rose is 42 years old and married to Karim. The couple have four children who all attend school and are still in their care. Sylvie Marie-Rose and her husband jointly cover their household expenses. Sylvie Marie-Rose has been selling cooking utensils and vegetable oil in a neighborhood in Benin for around 12 years. She buys her products in a market in Benin.

This first loan will allow Sylvie Marie-Rose and the other members of the «NONVIGNON 2» group to boost their businesses, increase their number of customers and increase their income.
View original language description ↓
«NONVIGNON 2» est un groupe constitué de trois personnes et dont la représentante (celle qui a le doigt levé sur la photo) est nommée Sylvie Marie-Rose. Les membres du groupe résident dans le même quartier. Dans le but d’augmenter leur fonds de roulement, ce groupe sollicite pour la première fois, un crédit auprès de ALIDé. Âgée de 42 ans, Sylvie Marie-Rose est mariée à un certain Karim. Le couple a quatre enfants tous scolarisés et à leur charge. Sylvie Marie-Rose assure ensemble avec son mari les différentes charges de la maison. Sylvie Marie-Rose vend depuis une douzaine d’année, des ustensiles de cuisine et de l’huile végétale dans un quartier du Bénin, ce qui lui permet d’assurer les besoins de sa famille. Sylvie Marie-Rose achète ses produits dans un marché du Bénin. Ce premier prêt permettra certainement à Sylvie Marie-Rose et aux autres membres du groupe «NONVIGNON 2», de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 522.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nonvignon 2 Group's $425 loan helped a member to buy cans of oil and cooking utensils.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013