The Wangnignigbe Group is made up of three women who all live in the same neighbourhood. The group representative is Germaine (seen in the photo with her hand raised). She did not attend school, and is married to Adolphe. The couple live with their four children, who all attend school. Between them, they provide for the needs of their family.
Germaine has been selling eggs and vegetables from her home for thirty years. She also sells 'boules d'akassa' (a thick paste made from fermented maize flour) and fried yam. She buys her provisions at a market in Benin.
Germaine and the other members of the group would like to strengthen their businesses, so they have requested a second loan from the field partner, Alidé. The previous loan was correctly and fully repaid.
Le groupe WANGNIGNIGBE est composé de trois personnes qui résident dans le même quartier. La représentante du groupe, du nom de Germaine (celle qui a la main levée sur la photo) n’a pas fréquenté l'école. Germaine est mariée à un certain Adolphe. Le couple a quatre enfants, tous scolarisés et à leur charge. Germaine vit avec son mari et ses enfants. Les diverses charges familiales sont supportées par Germaine et son mari. Pour ce faire Germaine vend des œufs et des légumesà son domicile depuis trente ans. De façon secondaire Germaine vend aussi des boules d’akassa (pâte à base de farine de maïs fermenté), de l’igname frite. Germaine s’approvisionne dans un marché du Bénin. Dans le but de renforcer son activité Germaine ensemble avec les membres du groupe WANGNIGNIGBE sollicitent un deuxième crédit auprès de ALIDé. Le prêt antérieur a été bien remboursé.
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.