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Wangnignigbe Group
In this Group: Virginie, Perpetue, Gabine, Kayi Josephine
The WANGNIGNIGBE group consists of four people who are also members of the same tontine (a group savings fund). The representative of the group is Virginie, the lady whose hand is raised in the photo. This is the group’s third time seeking financial support from ALIDé to bolster their activity.

Virginie is 46 years old and married to a man named Ferdinand. The couple have five children, all in school. Three of them are still in their care. Virginie attended high school. For the past fifteen years or so, she has been selling food products such as corn and soy from her home. She also sells fabrics as a secondary activity. She buys her merchandise in Benin.

In order to replenish her stock and better meet customer demand, Virginie is seeking a third loan from ALIDé together with the other members of the group WANGNIGNIGBE. Both previous loans were correctly repaid.
Le groupe WANGNIGNIGBE est formé de quatre personnes qui appartiennent à un même groupe de tontine. La représentante de ce groupe, nommée Virginie, est celle dont la main est levée sur la photo. C’est la troisième fois que ce groupe sollicite l’appui financier d’ALIDé en vue d’élever le niveau de leur activité. Virginie est âgée de 46 ans et est mariée à un certain Ferdinand. Le couple a cinq enfants, tous scolarisés, dont trois restent à leur charge. Virginie a arrêté l’école au cours secondaire. Depuis une quinzaine d’année, Virginie vend des produits vivriers (maïs, soja) et des tissus de façon secondaire à son domicile. Virginie achète ses produits au Bénin. Dans le but d’augmenter le stock de ses produits et de mieux répondre à la demande de sa clientèle, Virginie désire obtenir un troisième crédit auprès de ALIDé, ensemble avec les autres membres du groupe WANGNIGNIGBE. Les crédits précédents 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
  • 505.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wangnignigbe Group's $1,350 loan helped a member to buy corn, soy, and fabrics for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 28, 2011
Dec 19, 2011
Currency Exchange Loss:
Nov 15, 2012