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Nonvilele Group
In this Group: Marie Monhouédé, Célina, Seïmi Rosaline
The Nonvilele group is composed of three individuals. Its leader (the one raising her finger in the photo) is Marie Monhouédé. The group members know each other because they live in the same neighborhood of Benin. With the goal of expanding their working capital, the group members are seeking a loan from Alidé. Marie Monhouédé is married. Her husband’s name is Simon. They have four dependent children, all in school. Marie Monhouédé lives together with her husband and children. The spouses jointly provide for family needs. Marie Monhouédé sells fabric out of her home and as street vendor. She stocks up in a region of Benin. She has 10 years of experience in this line of business already. This is the third time that Marie Monhouédé and her group are seeking financing from Alidé. This loan will allow Marie Monhouédé and the other members of the Nonvilele group to expand their business by enlarging their stock and increasing their customer base and their revenues. The two prior loans have been duly repaid.
View original language description ↓
NONVILELE est un groupe constitué de trois personnes et dont la présidente (celle qui a le doigt levé sur la photo) est nommée Marie Monhouédé. Les membres du groupe se connaissent compte tenu du fait qu’ils résident dans le même quartier au Bénin. Dans le but d'augmenter leur fonds de roulement, ce groupe sollicite un crédit auprès de ALIDé. Âgée de 58 ans, Marie Monhouédé est mariée à un certain Simon. Le couple a quatre enfants, tous scolarisés, et à leur charge. Marie Monhouédé vit ensemble avec ses enfants et son mari. Marie Monhouédé assure ensemble avec son mari leurs différents charges. Marie Monhouédé a peu fréquenté l’école. Pour contribuer aux besoins du ménage, Marie Monhouédé mène comme activité, la vente de tissus à son domicile et de façon ambulante. C'est dans une région du Bénin que Marie Monhouédé s’approvisionne. Marie Monhouédé a déjà dix ans d’expérience dans l’exercice de cette activité. C’est la troisième fois que Marie Monhouédé et son groupe sollicitent un financement auprès de ALIDé. Ce prêt permettra certainement à Marie Monhouédé et aux autres membres du groupe NONVILELE à rehausser le niveau de leur activité par l’augmentation du stock de leurs produits et d’accroître leur clientèle et leur revenu. Les deux premiers crédits 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 537.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nonvilele Group's $1,100 loan helped a member to buy fabric.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 22, 2013