Check out some available loans that are similar to this one!
Wangnigni Group
In this Group: Ginette, Julienne, Carmelle
The Wangnigni Group consists of 3 women who have known each other since they were young. They live in the Calavi district on the outskirts of Cotonou, Benin's economic center. This is their second loan with ALIDE, following successful past repayment.

Ginette (with her hand raised in the photo) is nearly 40 years old and lives with her husband, Gafari, and their 7 children, who are all schooled. For the past 3 years, Ginette has run her shop selling cosmetics supplies in Calavi. This loan will enable her to purchase additional stock from Tokpa, Cotonou's largest market, to resell at her store. She states her greatest strength as her managerial ability, and she hopes to grow her business into a large grocer.

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
  • 465.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wangnigni Group's $1,075 loan helped a member to purchase additional cosmetics stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 17, 2011
Mar 25, 2011
Currency Exchange Loss:
Feb 15, 2012