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Gbenonkpo Tonafa 5 Group
In this Group: Germaine, Pierrette, Michel, Alexandrine
The group GBENONKPO TONAFA 5 comprises four persons who reside in the same district. The group's representative, Germaine, is the one in the photo with her hand raised. She is 58 years old, a widow, and the mother of five children, all educated. None of the children remain hers to support. Germaine lives alone with her children and supports herself.

To support herself, Germaine sells corn and cassava flour in a district in Benin. This business enables her to meet her needs without much problem. She gets her supplies from a market in Benin.

Seeking to satisfy his customers and to increase his sales and revenues, Germaine, along with the other members of the group GBENONKPO TONAFA 5, is requesting a loan from ALIDé. This loan will enable them to raise their level of business and grow their customer base and their revenues.
View original language description ↓
Le groupe GBENONKPO TONAFA 5 est composé de quatre personnes qui résident dans un même quartier. La représentante du groupe, du nom de Germaine est celle qui a la main levée sur la photo. Germaine est âgée de 58 ans et est une veuve. Germaine est mère de cinq enfants, tous scolarisés dont aucun ne reste à sa charge. Germaine vit seule avec ses enfants et assure seule ses divers besoins. Pour assurer ses différents besoins, Germaine vend du maïs et de la farine de manioc dans un quartier du Bénin. Cette activité lui permet de répondre sans grande difficulté à ses besoins. Germaine s’approvisionne dans une région du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Germaine sollicite ensemble avec les autres membres du groupe GBENONKPO TONAFA 5, un crédit auprès de ALIDé. Ce prêt leur permettra de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.

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
  • 538.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gbenonkpo Tonafa 5 Group's $575 loan helped a member to buy sacks of corn and cassava flour.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Aug 6, 2012
Currency Exchange Loss:
Possible
Ended:
May 19, 2013