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Minonkpo 2 Group
In this Group: Anne Marie, Vioutou Agnès, Jeanne
The "Minonkpo 2" group is made up of 3 people who belong to the same mutual funds group. The group's representative, Anne Marie, is the woman with her hand raised in the picture. She is 37 years old. This is the first time that this group is requesting financial support from ALIDé, in order to increase their business levels.

Anne Marie is married to a driver called André. The couple have 5 children, all of whom go to school and are in their charge. Anne Marie lives together with her children and husband, and the couple both take care of the various family expenses.

In order to be able to contribute to her family's various needs, Anne Marie has been selling various items (like corn, rice and beans) at her home for nearly 7 years. She gets her supplies in her area.

Anne Marie would like to get a loan, together with the other members of the "Minonkpo 2" group, so that she can increase her inventory of products and better satisfy the needs of her clientèle.
Le groupe MINONKPO 2 est formé de trois personnes qui appartiennent à un même groupe de tontine. La représentante de ce groupe, nommée Anne Marie est celle dont la main est levée sur la photo. Anne Marie est âgée de 37 ans. C’est la première fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Anne Marie est mariée à un chauffeur du nom de André. Le couple a cinq enfants, tous scolarisés, et tous à leur charge. Anne Marie vit ensemble avec ses enfants et son mari. Le couple assure ensemble les diverses charges familiales. Il y a près de sept ans que Anne Marie mène comme activité, la vente de divers articles (maïs, riz, haricot, etc.) à son domicile afin de contribuer aux divers besoins de sa famille. Anne Marie s’approvisionne dans sa région. Dans le but d’augmenter le stock de ses produits et de mieux répondre à la demande de sa clientèle, Anne Marie désire obtenir un crédit avec les autres membres du groupe MINONKPO 2.

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
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Minonkpo 2 Group's $325 loan helped a member to buy bags of rice, beans and corn.
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