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Nonvignongbe Group
In this Group: Baï Pétronille , Martine Sylvie, Justine, K. Léontine, Victoire, Kuavi Claudine, Sètondé Mauricette, Colette, Jeanne
The Nonvignongbe group is made up of nine people who all live in the same neighborhood. Bai Petronille (whose hand is raised in the photo) is the representative of the group. Bai Petronille is 55 years old and did not go to school. She is a widow with one child, who goes to school and is still under her care. Bai Petronille lives alone with her child and is responsible for supporting their needs.

To do this, Bai Petronille has been selling condiments and other goods from her home and by a distribution method for ten years. She procures her goods from a Benin market.

In order to increase her business, Bai Petronille has joined with the other members of the Nonvignongbe group to seek their third loan with Alide. Their previous loans have all been repaid correctly.
View original language description ↓
Le groupe NONVIGNONGBE est composé de neuf personnes, qui résident dans le même quartier. Baï Pétronille (celle qui a la main levée sur la photo), est la représente de ce groupe. Baï Pétronille est âgée de 55 ans est veuve avec un enfant, scolarisé et à sa charge. Baï Pétronille n'a pas fréquenté l'école. Baï Pétronille vit seule avec son enfant. Les différentes du ménage sont assurées par elle. Pour ce faire Baï Pétronille vend des condiments et divers articles à son domicile et par la méthode de distribution depuis dix ans. Baï Pétronille s'approvisionne dans un marché du Bénin. Dans le but de renforcer son activité,Baï Pétronille s’associe aux autres membres du groupe NONVIGNONGBE pour solliciter un troisième crédit auprès de ALIDé.Les prêts antérieurs ont été bien remboursés.

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
  • 491.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nonvignongbe Group's $1,750 loan helped a member to buy condiments and other various goods.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 26, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014