Check out some available loans that are similar to this one!
Enagnons Group
In this Group: Marguerite , Solange Cica, Gisèle
Enagnons is a group of 3 people who live in the same district and whose leader is Marguerite (the one with her hand raised in the picture). In order to increase their working capital, the group is requesting a loan from ALIDé for the 4th time.

Marguerite is 28 years old and married to Jean-Baptiste. The couple have 4 dependent children who all go to school. Marguerite lives with her husband and children and she and her husband both take care of the household responsibilities. Marguerite left school at primary level. In order to satisfy her needs and those of her family, Marguerite has been selling corn, charcoal and other products from her home for nearly 8 years. She gets her supplies at a market in Benin.

This loan will definitely enable Marguerite and the other members of the Enagnons group to raise the level of their business activity and to increase their customer base and revenue. Their previous loans have been correctly repaid.
ENAGNONS est un groupe constitué de trois personnes qui résident dans le même quartier et dont la présidente (celle qui a la main levée sur la photo) se nomme Marguerite. Dans le but d’augmenter leur fonds de roulement, ce groupe sollicite pour la quatrième fois, un crédit auprès de ALIDé. Marguerite est âgée de 28 ans et est mariée à un certain Jean-Baptiste. Le couple a quatre enfants tous scolarisés et à leur charge. Marguerite vit ensemble avec ses enfants et son mari et assure avec son mari les charges de la maison. Marguerite a arrêté l’école au niveau primaire. Pour satisfaire ses besoins et ceux de sa famille, Marguerite vend du maïs, des charbons de bois et divers produits à son domicile depuis près de huit ans. Marguerite s'approvisionne dans un marché du Bénin. Ce prêt permettra certainement à Marguerite et aux membres de son groupe ENAGNONS de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu. Les crédits antérieurs 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 533.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Enagnons Group's $375 loan helped a member to buy bags of corn and various other products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 17, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 13, 2013