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Segnon Group
In this Group: Marie Nicole, Awaou, Léocadie B. Josette
The group SEGNON is composed of three persons who are friends. This is the first time that this group has requested financial aid from ALIDé in order to boost their businesses. The group's representative, by the name of Marie Nicole, is the one with her hand raised in the photo. She is 39 years old and lives in Benin. She is married to a man named Jean Marc. They have three children who are all in school.

Marie Nicole never attended school. To support herself and her children, Sinatou has been running a business selling canned beverages for 20 years. She gets her supplies from Togo, a country neighboring Benin.

Seeking to satisfy her customers and wanting to increase her sales and her revenues, Marie Nicole and the other members of the group SEGNON are requesting an initial loan.
View original language description ↓
Le groupe SEGNON est composé de trois personnes qui sont des amies. C'est la première fois que ce groupe sollicite l'aide financier de ALIDé, afin d'élever le niveau de leur activité. La représentante du groupe, du nom de Marie Nicole est celle qui a la main levée sur la photo.Marie Nicole est âgée de 39 ans et vit au Bénin. Marie Nicole est mariée à un certain Jean Marc. Le couple a trois enfants tous scolarisés. Marie Nicole n’a jamais fréquenté l'école. Pour subvenir à ses besoins et à ceux de ses enfants, Marie Nicole mène comme activité depuis vingt ans, la vente des boissons en cannettes. Marie Nicole s’approvisionne au Togo, État voisin du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Marie Nicole sollicite ensemble avec les autres membres du groupe SEGNON, un premier crédit.

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
  • 455.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Segnon Group's $350 loan helped a member to buy can beverages.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jul 25, 2011
Sep 1, 2011
Currency Exchange Loss:
Mar 15, 2012