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Nonvignon 8 Group
In this Group: Denise Ablavi, Yabavi Pascaline, Cécile, Isabelle Ahiba, Sossi Marcelline, Nadège, Assiba Solange, Viviane, Cathérine, Yvette, Bertille, Louise, Abla, Ablavi Bernadette, Claire, Cécile, Antoinette, Viviane, Chantal, Reine, Martine, Françoise, Annick, Julienne, Pélagie, Innocentia Okê, Auréole, Martine, Eveline, Julienne, Odette, Pulchérie
NONVIGNON 8 Group is made up of 32 persons who live in the same neighborhood. This is the second time that the members of the group are seeking financial support from Kiva's partner, ALIDé, in order to bolster their businesses.

The group's representative, named Pélagie, is the one raising her hand in the photograph. She's 24 years old and married to a mason named Victor. Pélagie is the mother of two children whom the couple has to support. Both children attend school.

Pélagie lives together with her children and her husband. The couple ensures together that the various household expenses are covered. To be able to do so, Pélagie sells fruits (apples) and kitchenware (bowls) as a traveling saleswoman.

She gets her supplies in one of Benin's market. Eager to satisfy her clientele and in order to bolster her revenue and income, Pélagie, together with the other members of NONVIGNON 8 Group, is seeking a second loan from ALIDé. The first loan was repaid without problems.
View original language description ↓
Le groupement NONVIGNON 8 est composé de trente deux personnes qui vivent dans un même quartier. C'est la deuxième fois que ce groupement sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante de ce groupement, du nom de Pélagie est celle qui a la main levée sur la photo. Pélagie est âgée de 24 ans et est mariée à un maçon du nom de Victor. Pélagie est mère de deux enfants tous scolarisés et à la charge du couple. Pélagie vit ensemble avec ses enfants et son mari. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Pélagie mène comme activité, la vente des fruits (pommes) et des ustensiles de cuisine (bols) de façon ambulante. Pélagie s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Pélagie sollicite ensemble avec les autres membres du groupement NONVIGNON 8, un deuxième crédit auprès de ALIDé. Le premier prêt 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
  • 522.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nonvignon 8 Group's $3,075 loan helped a member to buy a large quantity of bowls and apples.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013