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Enagnon Group
In this Group: Sylvie Megnissè, Reine, Roseline Lydia Abl, Anne, M. Geneviève, Yvone Ayaba, Yvette, Fabienne, Léocadie, Isabelle, Josephine
The ENAGNON group has eleven members, who all live in the same area. The group representative, named Sylvie Megnissè, has her hand raised in the photo. She is 33 years old and is married to Evariste - a driver. They have three children, all in school and dependent on them. Sylvie Megnissè lives together with her husband and her children. The couple share the different household costs. Sylvie Megnissè did not go to school very much.
She has been selling cosmetics and hair extensions from her home for almost twelve years; this allows her to meet the family's needs without too much difficulty. In order to better meet her customer's needs, Sylvie Megnissè wants to strengthen her business. To do this, she is requesting a second loan with ALIDé, together with the other members of the ENAGNON group. The previous loan has been fully repaid.
View original language description ↓
Le groupement ENAGNON est formé de onze personnes qui habitent toutes dans le même quartier. La représentante de ce groupe, nommée Sylvie Megnissè, est celle dont la main est levée sur la photo. Sylvie Megnissè est âgée de 33 ans et est marié à Evariste, un chauffeur. Le couple a trois enfants, tous scolarisés et à leur charge. Sylvie Megnissè vit ensemble avec ses enfants et son mari. Le couple se partage les diverses charges du ménage. Sylvie Megnissè a peu fréquenté. Il y a près de douze ans que Sylvie Megnissè exerce comme activité, la vente des produits cosmétiques et des mèches à son domicile ; ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Dans le souci de mieux répondre aux exigences de sa clientèle, Sylvie Megnissè désire renforcer son activité. Pour ce faire, Sylvie Megnissè sollicite, ensemble avec les autres membres du groupement ENAGNON, un deuxième crédit auprès de ALIDé. Le prêt antérieur 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Enagnon Group's $2,075 loan helped a member to buy hair extensions and cosmetic products.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 19, 2013