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La Joie Du Christ Group
In this Group: Cécile Nunvenoumédé, Aïcha
LA JOIE DU CHRIST is a group of two persons whose members are friends. The group's representative, Cécile Nunvenoumédé, is 36 years old and married to Jean, and she has attended secondary school. The couple does not have children yet. Cécile Nunvenoumédé and her husband live together and jointly ensure that the different household expenses are covered.

For ten years, Cécile Nunvenoumédé has been selling cosmetic products and hair extensions in her district. She operates this business with passion, and this enables her to meet her needs. She gets her supplies from a market in Benin.

Seeking to satisfy her customer base, she is requesting, along with the other members of the group LA JOIE DU CHRIST, a second loan from ALIDé. This loan will be use 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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LA JOIE DU CHRIST est un groupe de deux personnes, dont les membres sont des amies. La représentante du groupe, Cécile Nunvenoumédé est âgée de 36 ans et est mariée à Jean. Cécile Nunvenoumédé a fréquenté l'école jusqu'au niveau secondaire. Le couple n’a pas encore d'enfant. Cécile Nunvenoumédé et son mari vivent ensemble et assurent ensemble les différentes charges de la maison. Il y a dix ans que Cécile Nunvenoumédé vend des produits cosmétiques et des mèches dans son quartier. Cécile Nunvenoumédé exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins. Cécile Nunvenoumédé s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Cécile Nunvenoumédé sollicite ensemble avec les autres membres du groupe LA JOIE DU CHRIST, un deuxième crédit auprès de ALIDé. Ce crédit leur servira à mieux répondre à la demande de leur clientèle et à se faire plus de profits. Le prêt antérieur à 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
  • 502.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of La Joie Du Christ Group's $600 loan helped a member to purchase cosmetic products and hair extensions to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 22, 2014