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Fifa Etoile Group
In this Group: Agnès , Pascaline, Etienne
FIFA ETOILE is a group of three persons who all live in the same district. The representative of the group, Agnès (who is raising her hand in the photo), is is 33 and married to a small-scale retailer by the name of Crépin. The couple has two children, both enrolled in school and under their care. Agnès lives together with her husband and her children. The couple share in supporting their family.

Agnès did not attend school. For six years, Agnès has been selling maize, charcoal, and fruit in her neighborhood. She buys her merchandise in Bénin. It is the second time that Agnès and the other members of the group called FIFA ETOILE are requesting a loan from ALIDé in order to grow their working capital and better respond to the needs of their clientele.
View original language description ↓
FIFA ETOILE est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Agnès (dont la main est levée sur la photo), est âgée de 33 ans et est mariée à un revendeur du nom de Crépin. Le couple a deux enfants, tous scolarisés et à leur charge. Agnès vit ensemble avec son mari et ses enfants. Le couple assure ensemble les différentes charges de la maison. Agnès n’a pas fréquenté l'école. Depuis six ans, Agnès vend du maïs, du charbon de bois et des fruits dans son quartier. Agnès achète ses produits au Bénin. C’est la deuxième fois que Agnès et les autres membres du groupe FIFA ETOILE sollicitent l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 471.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fifa Etoile Group's $500 loan helped a member to buy fruit, sacks of charcoal, and maize.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2011
Listed
Nov 2, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012