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Nonvignon Group
In this Group: Yévèdo Félicienne, Celestine, Rosaline
NONVIGNON Group is made up of three persons who live in the same neighborhood. The group's representative, named Yévèdo Félicienne, is the one raising her hand in the photograph.

This is the second time that the members of this group are seeking financial support from Kiva's partner, ALIDé, in order to bolster their businesses.

Yévèdo Félicienne, age 32, is married to one Étienne. The couple has one school-attending child to support. Yévèdo Félicienne herself didn't attend school.

In order to provide for herself and ensure the family expenses are covered, she's been selling bottles and plasticware for about fifteen years in one of Benin's market.

She gets her supplies from neighborhoods and towns in Benin. In order to bolster her product stock and better meet customer demand, she would like to obtain a second loan with the other members of NONVIGNON Group.

This loan will enable them to bolster their businesses and meet an ever-increasing customer demand.
View original language description ↓
Le groupe NONVIGNON est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Yévèdo Félicienne, est celle dont la main est levée sur la photo. C’est la deuxième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Yévèdo Félicienne est âgée de 32 ans et est mariée à un certain Étienne. Le couple a un enfant scolarisé et à leur charge. Yévèdo Félicienne n’a pas fréquenté l’école. Dans le but de subvenir à ses besoins et d’assurer les charges familiales, Yévèdo Félicienne mène comme activité depuis quinze ans environs, la vente des bouteilles et des plastiques dans un marché du Bénin. Yévèdo Félicienne achète ses produits dans les quartiers et villes du Bénin. Dans le but d’augmenter le stock de ses produits et de mieux répondre à la demande de sa clientèle, Yévèdo Félicienne désire obtenir un deuxième crédit avec les autres membres du groupe NONVIGNON. Ce crédit leur permettra à rehausser le niveau de leur activité et à faire face à la demande croissante de leur clientèle.

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 Group's $425 loan helped a member to buy bottles and plasticware.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013