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Gbenonkpo 11 Group
In this Group: Julienne, Collette, Henriette
The "Gbenonkpo 11" group is made up of 3 people who live in the same area. The group's leader, Julienne, is the one with her hand raised in the picture. This is the 2nd time that the group requests financial support from ALIDé in order to increase their level of business.

Julienne is 41 years old and is married to Zountegni. The couple are responsible for 5 children, 4 of whom are their own. All the children go to school. Julienne did not go to school. She has been selling clothing and creams on the street for about 20 years in order to provide for her own needs and cover the family expenses. Julienne gets her products in a town in Benin.

In order to increase her inventory of products and better respond to her customer demand, Julienne wishes to obtain a second loan, together with the other members of the "Gbenonkpo 11" group. This loan will enable them to increase their business levels and deal with the growing demand of their clientèle.
Le groupe GBENONKPO 11 est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Julienne, est celle dont la main est levée sur la photo. C’est la deuxième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Julienne est âgée de 41 ans et est mariée à un certain Zountegni. Le couple a cinq enfants à leur charge, dont quatre sont leurs propres enfants. Tous les enfants sont scolarisés. Julienne n’a pas fréquenté l’école. Dans le but de subvenir à ses besoins et d’assurer les charges familiales, Julienne mène comme activité depuis vingt ans environs, la vente de vêtements et de pommades de façon ambulante. Julienne achète ses produits dans une ville du Bénin. Dans le but d’augmenter le stock de ses produits et de mieux répondre à la demande de sa clientèle, Julienne désire obtenir un deuxième crédit avec les autres membres du groupe GBENONKPO 11. Ce crédit leur permettra à rehausser le niveau de leur activité et à faire face à la demande croissante de leur clientèle.

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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gbenonkpo 11 Group's $450 loan helped a member to buy clothing and underwear.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013