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Karimatou's Group
In this Group: Karimatou, Akominassi Jeanette
This group comprises two persons. The representative is named Karimatou. She is 23 years old, unmarried, and without children. She has a middle school education. To cover her day-to-day expenses, she has a business selling corn, beans, palm oil, and beverages. She gets her supplies from Nigeria.

With the goal of responding better to the requirements of her burgeoning customer base and making more profit, Karimatou is requesting, along with her teammate, a loan from Finadev.

The official is the one found at the right in the photo.
View original language description ↓
Ce groupe est composé de deux personnes. La représentante du groupe du nom de Karimatou est âgée de 23 ans. Karimatou est célibataire sans enfant. Elle est à un niveau d'instruction secondaire. Pour supporter les charges quotidiennes, elle mène comme activité la vente de maïs, d'haricot ,de l'huile de palme et de boissons. Elle s'approvisionne au Nigeria. Dans le but de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et se faire plus de profit, Karimatou sollicite, ensemble avec sa coéquipière, un crédit auprès de Finadev. La responsable est celle qui se retrouve à droite de la photo.

Additional Information

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
  • 498.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Karimatou's Group's $625 loan helped a member to buy a sack of rice, a sack of corn, a sack of beans, and 10 liters of red oil and palm oil.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012