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Minonkpo Group
In this Group: Alexandrine , Sonia, Florence
The group MINONKPO is comprised of three persons who live together. This is the third time the group has requested financial aid from ALIDé to boost their business. The group's representative, named Alexandrine, is the one in the photo with her hand raised.

Alexandrine is 34 years old and married to a furniture maker named Gabriel. They have three children, all in school and in their care. The diverse family expenses are covered by the couple. To do so, Alexandrine has been running a business selling undergarments from place to place at a market in Benin for about fifteen years. This business enables her to meet her needs and those of her children. Her supplies come from one of the markets of Benin.

Seeking to satisfy her customers and to increase her sales and revenues, Alexandrine and the other members of the group MINONKPO are requesting a third loan from ALIDé. The two previous loans have indeed been repaid.
View original language description ↓
Le groupe MINONKPO est composé de trois personnes qui cohabitent ensemble. C'est la troisième 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 Alexandrine est celle qui a la main levée sur la photo. Alexandrine est âgée de 34 ans et est mariée à un menuisier du nom de Gabriel. Le couple a trois enfants tous scolarisés et à leur charge. Les diverses charges de la maison sont assurées par le couple. Pour y parvenir, Alexandrine mène comme activité depuis quinze ans la vente de sous vêtements de façon ambulante dans un marché du Bénin. Cette activité lui permet de subvenir à ses besoins et à ceux de ses enfants. Alexandrine s’approvisionne dans l’un des marchés du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaire et son revenu, Alexandrine sollicite ensemble avec les autres membres du groupe MINONKPO, un troisième crédit. Les deux premiers prêts 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 487.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Minonkpo Group's $625 loan helped a member to buy undergarments.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 27, 2011
Nov 23, 2011
Currency Exchange Loss:
Sep 15, 2012