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Miwononvi Group
In this Group: Mariam , Jacqueline, Donatienne, Goussi Louise
MIWONONVI is a group of four persons whose members reside in the same district. The group's representative, Mariam (whose hand is raised in the photo), is 37 years old and married to a refrigeration specialist named Marcel. The couple have four children, not all in school but all in their care. Mariam and her husband jointly ensure that the different family expenses are covered for the children.

Mariam did not attend school. For nearly fifteen years, she has been selling plastic bags, condiments, and rice out of her home and via the distribution system. She does her work with passion, and this enables her to meet her needs and those of her children. She gets her supplies from a market in Benin and from Nigeria.

Seeking to satisfy her customers and with the aim of increasing her working capital, Mariam is requesting, along with the other members of the group MIWONONVI, a loan that will be used to respond better to customer demands and to make more profit.
View original language description ↓
MIWONONVI est un groupe de quatre personnes, dont les membres vivent dans le même quartier. La représentante du groupe, Mariam (dont la main est levée sur la photo), est âgée de 37 ans et est mariée à un frigoriste du nom de Marcel. Le couple a quatre enfants, dont certains sont scolarisés et tous à leur charge. Mariam et son mari assurent ensemble les différentes charges des enfants. Mariam n’a pas fréquenté l’école. Il y a une quinzaine d’année que Mariam vend des sachets, des condiments et du riz à son domicile et par le système de distribution. Mariam exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Mariam s’approvisionne dans un marché du Bénin et au Nigéria. Dans la quête de la satisfaction de sa clientèle et en vue d’augmenter son fonds de roulement, Mariam sollicite un crédit avec les autres membres du groupe MIWONONVI. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.

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
  • 519.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Miwononvi Group's $800 loan helped a member to purchase plastic bags, condiments, and rice to sell out of her home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 14, 2013