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Bona Nathalie Mariam's Group
In this Group: Bona Nathalie Mariam, Agnon Flora
This group consists of two members in a joint guarantee. Bona Nathalie Mariam, the manager, is 34-years old, married, and mother of one 10-year old child who attends a neighborhood school. She has sold yam flour, corn, and onions for five years. She restocks at one of the markets in Benin. In order to strengthen her working capital and to satisfy customer demand, she asked for and obtained financing from Finadev to increase her additional income and to contribute to the education of her children. The manager is on the left of the photo.
View original language description ↓
Il s'agit d'un groupe constitué de deux membres en caution solidaire. Bona Nathalie Mariam, la responsable, est âgée de 34 ans. Mariée et mère d'un enfant âgé de 10 ans et scolarisé dans une école du quartier, elle vend de la farine d'igname, du maïs et des oignons depuis cinq ans. Elle s'approvisionne dans l'un des marchés du Bénin. Dans le but de renforcer son fonds de commerce et de satisfaire la demande de ses clients, elle a sollicité et a obtenu un financement auprès de Finadev en vue d'accroître son revenu supplémentaire et de participer à la scolarisation de ses enfants. La responsable 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 531.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bona Nathalie Mariam's Group's $775 loan helped a member to buy 3 bags of yam flour, 1 bag of corn, and 2 bags of onions.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 5, 2013