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Gbenoukounmè Véronique's Group
In this Group: Gbenoukounmè Véronique, Misimahou Colette
This is a group of two persons who mutually guarantee one another. Gbenoukounmè Véronique, the group's official, is 47 years old. She is married and the mother of three children, who are still in school, she has been selling beans, corn, and cassava flour for years. She gets her supplies from one of the markets in Benin, and her customers are composed of homemakers and food sellers.

With the aim of increasing her working capital and responding favorably to the demands of her customers, Gbenoukounmè Véronique requested and obtained financial support from Finadev. This support will enable her to bolster her business and maximize her profit. The surplus gotten will enable her to provide adequate medical care for her children and to help with their education.

Gbenoukounmè Véronique is at the left in the photo.
View original language description ↓
Il s'agit d'un groupe composé de deux membres en caution solidaire. Gbenoukounmè Véronique, la responsable est âgée de 47 ans. Mariée et mère de cinq enfants dont trois vont encore à l'école, elle vend de l'haricot, du maïs et de la farine de manioc depuis des années. Elle s'approvisionne dans l'un des marchés du Bénin et ses clients sont composés des ménages et des vendeuses de nourriture. En vue d'accroître son fonds de roulement et de répondre favorablement à la demande de ses clients, Gbenoukounmè Véronique a sollicité et a bénéficié d'un appui financier à Finadev. Cet appui financier lui permettra de renforcer son activité et de maximiser son profit. Le surplus dégagé lui permettra d'offrir des soins médicaux adéquats à ses enfants et de contribuer à leurs éducation. Gbenoukounmè Véronique se retrouve à gauche dan 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
  • 538.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gbenoukounmè Véronique's Group's $750 loan helped a member to buy a sack of beans, 4 sacks of corn, and a sack of cassava flour.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
May 4, 2013