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Midonougbo Group
In this Group: Victoire, Françine Laure, Amavi Akpénè, Victoire, Rosaline, Afi, Carole, Sika Delphine, Lariatou, Virginie, Elisabeth
MIDONOUGBO is a group of eleven persons whose members reside in the same district and belong to the same community. The group's representative, Victoire, whose hand is raised in the photo, is 50 years old and married to a man named Albert. The couple have three children, all in school and in their care. The couple live together with the children and jointly ensure that the different household expenses are covered.

Victoire left school at the elementary level. For eight years, she has had a business selling soaps and a variety of goods out of her home. Parallel to this business, she sells rice at a market in Benin. She operates her business with passion, and this enables her to support herself. She gets her supplies from a market in Benin.

Seeking to satisfy her customers, Victoire is requesting, along with the other members of the group MIDONOUGBO, a second loan that will be used to respond better to the demands of their customers and to make more profit. The previous loan was indeed paid back.
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MIDONOUGBO est un groupement de onze personnes, dont les membres résident dans le même quartier et appartiennent à une même colectivité. La représentante du groupe, Victoire dont la main est levée sur la photo), est âgée de 50 ans. Victoire est mariée à un certain Albert. Le couple a trois enfants tous scolarisés et à leur charge. Le couple vit ensemble avec les enfants et assure ensemble, les différents besoins du ménage. Victoire a arrêté l’école au niveau primaire. Il y a près de huit ans que Victoire mène comme activité la vente des savons et divers produits à son domicile. Parallèlement à cette activité, Victoire vend du riz dans un marché du Bénin. Victoire exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins. Victoire s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Victoire sollicite un deuxième crédit avec les autres membres du groupement MIDONOUGBO. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Le crédit précédent 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
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Midonougbo Group's $1,950 loan helped a member to purchase various good and some soap to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Sep 28, 2012
Oct 26, 2012
Currency Exchange Loss:
Sep 19, 2013