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Nansiede Eve Antonine's Group
In this Group: Nansiede Eve Antonine, Jeanne
This group is composed of two persons who guarantee one another in solidarity. Nansiede Antonine, aged 35, is married and the mother of two children in school. The oldest and the youngest are 14 and 2 years old, respectively. Nansiede Antonine has been selling FanMilk yogurt for a few years and gets her supplies from FanMilk wholesale merchants in Benin.

Concerned about bolstering her working capital and meeting the expectations of her customers, Nansiede Antonine requested and obtained financing from Finadev, so as to make the best of her investments and to help cover her children's schooling costs.

Nansiede Antonine is on the left in the photo.
View original language description ↓
Il s'agit d'un groupe composé de deux personnes en caution solidaire. Agée de 35ans, Nansiede Antonine est mariée et mère de trois enfants dont deux sont scolarisés. Le plus âgé et le moins âgé ont respectivement 14ans et 2ans. Elle vend des yaourts FanMilk depuis quelques années et s'approvisionne auprès des grossistes de Fan Milk au Bénin. Soucieuse de renforcer son fonds de roulement et de couvrir les attentes de ses clients, Nansiede Antonine a sollicité et a obtenu un financement auprès de Finadev en vue de maximiser son intérêt et de participer à la scolarisation de ses enfants. Nansiede Antonine se retrouve à gauche dans la photo.

Additional Information

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
  • 497.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nansiede Eve Antonine's Group's $525 loan helped a member to purchase FanMilk yogurt to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013