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Gbenonkpo Group
In this Group: Marcelline, Gislaine, Hounsi
The Gbenonkpo group is made up of three people who live together. The representative of the group, who is named Marcelline, is the one whose hand is raised in the photo.

Marcelline is 23 years old and did not go to school. She is married to a tailor named Francois. The couple has two children, both under their care. The children have not been to school. Marcelline lives with her children and husband. She helps her husband with the family expenses.

To do this, Marcelline has been selling fabrics for seven years. She procures her goods from a market in Benin.

In order to satisfy her customers and to increase sales and her earnings, Marcelline is asking, together with the other members of the Gbenonkpo group, for a first loan through Alide.
View original language description ↓
Le groupe GBENONKPO est composé de trois personnes qui sont des cohabitantes. La représentante du groupe, nommée Marcelline est celle qui a la main levée sur la photo. Marcelline est âgée de 23 ans. Marcelline n’a pas fréquenté l’école. Marcelline est mariée à un couturier du nom de François. Le couple a deux enfants. Aucun des enfants n'est scolarisé, mais eux tous sont à leur charge. Marcelline vit avec ses enfants et son mari. Marcelline assiste son mari en ce qui concerne les charges familiales. Pour ce faire, Marcelline exerce comme activité la vente de tissus depuis sept ans. Marcelline s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Marcelline sollicite ensemble avec les autres membres du groupe GBENONKPO, un premier crédit auprès de ALIDé.

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
  • 503.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gbenonkpo Group's $550 loan helped a member to buy fabrics.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013