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Nadou Huguette Seth's Group
In this Group: Nadou Huguette Seth, Valérie Degnon
These two women are mutually guaranteeing their group loan. Nadou Huguette, the leader, is 33 years old. Married and the mother of three children attending a local school, Nadou Huguette has a shop where she has been selling sacks of corn for several years, and for which she gets her supplies in the villages of Benin.

With an eye to increasing her capital and meeting customer demand, Nadou Huguette has sought and obtained financial assistance from Finadev. This assistance will allow her to contribute to the education of her children and to improve the family's diet. Nadou Huguette is the woman at left in the photo.
View original language description ↓
Il s'agit d'un groupe de deux personnes en caution solidaire. Nadou Huguette, la responsable, est âgée de 33 ans. Mariée et mère de trois enfants scolarisés dans une école de la ville, Nadou Huguette a une boutique où elle vend des sacs de maïs depuis quelques années et s'approvisionne dans les villages du Bénin. En vue d'augmenter son capital et de répondre à la demande de sa clientèle, Nadou Huguette a sollicité et a obtenu un concours auprès de Finadev. Ce concours lui permettra de contribuer à la scolarisation de ses enfants et d'améliorer le régime alimentaire de sa famille. Nadou Huguette se retrouve à gauche de la photo.

Additional Information

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
  • 523.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nadou Huguette Seth's Group's $975 loan helped a member to purchase eight sacks of corn.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 2, 2013