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Wangninangbe Group
In this Group: Inès Mahougnon, Yèyinou Rolande, Gisèle
WANGNINANGBE is a group made up of three members who are friends. The group's representative, Inès Mahougnon, is the one raising her hand in the photo.

It is the third time that this group is requesting financial assistance from ALIDé in order to raise the level of its activity.

Inès Mahougnon no longer lives with her husband, but she has one child who attends school and is her dependent. As she lives alone with her child, she takes care of her needs and those associated with raising her child, alone.

Inès Mahougnon never attended school. For the past eight years or so, she has been selling recharge cards from her home. She buys her goods in Togo.

Facing an increasing demand from her customers, and given the fact that her resources are limited, she can no longer meet all of her customers' needs.

Because of this and in spite of their limited means, Inès Mahougnon and the other members of the WANGNINANGBE group are jointly requesting a third loan from ALIDé. Their two previous loans have been duly repaid.
View original language description ↓
Le groupe WANGNINANGBE est formé de trois personnes qui sont des amies. La représentante de ce groupe, nommée Inès Mahougnon est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Inès Mahougnon ne vit plus avec son mari, mais a un enfant qui est scolarisé et qui vit à sa charge. Inès Mahougnon vit seule avec son enfant. Inès Mahougnon supporte seule ses diverses charges et ceux de son enfant. Inès Mahougnon n’a pas fréquenté l'école. Il y a huit ans environs que Inès Mahougnon mène comme activité la vente des cartes de recharges à son domicile. Inès Mahougnon s’approvisionne au Togo. La demande de sa clientèle devient de plus en plus grande et compte tenu de ses moyens limités, Inès Mahougnon n'arrive plus à bien répondre à leurs exigences. Eu égard à cela et compte tenu de leurs ressources limitées, Inès Mahougnon et les autres membres du groupe WANGNINANGBE sollicitent ensemble un troisième crédit auprès de ALIDé. Les deux prêts antérieurement reçus 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
  • 522.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wangninangbe Group's $425 loan helped a member to buy telephone recharge cards.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013