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Ognatan Group
In this Group: Marie Parfaite, Odette Solange
The Ognatan group is made up of two people who are friends. The representative of this group, named Marie Parfaite, is the one whose hand is raised in the photo. This is the second time that this group has asked for financial support from Alidé to see an increase in their level of business.

Marie Parfaite is 54 years old and no longer lives with her husband. She has two children, both of whom are under her care. One goes to school. Marie Parfaite lives alone with her children, and she alone takes care of their needs. Marie Parfaite did not go to school.

For about 15 years now Marie Parfaite has been selling shoes by the distribution system. This allows her to meet her and her children's needs without much difficulty. In hopes of further strengthening her business and better responding to the demands of her customers, Marie Parfaite wants to increase the stock of her products. To do this, Marie Parfaite, with the other member of group Ognatan, is asking for a second loan through Alidé. Their first loan has been repaid.
View original language description ↓
Le groupe OGNATAN est formé de deux personnes qui sont des amies. La représentante de ce groupe, nommée Marie Parfaite, 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. Marie Parfaite est âgée de 54 ans et ne vit plus avec son mari. Marie Parfaite a deux enfants, dont un est scolarisé et tous à sa charge. Marie Parfaite vit seule avec ses enfants et assure seule ses besoins. Marie Parfaite n’a pas fréquenté l’école. Il y a environs quinze ans que Marie Parfaite exerce comme activité, la vente de chaussures par le système de distribution ; ce qui lui permet de répondre sans grande difficulté aux besoins de ses enfants et de subvenir à ses besoins. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Marie Parfaite désire augmenter le stock de ses produits. Pour ce faire, Marie Parfaite sollicite ensemble avec le second membre du groupe OGNATAN, un deuxième crédit auprès de ALIDé. Le premier crédit a été bien remboursé.

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
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ognatan Group's $450 loan helped a member to buy shoes.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 24, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013