Check out some available loans that are similar to this one!
Elisabeth's Group
In this Group: Elisabeth, Yénoukoumè Christine
Elisabeth is 37 years old, married and mother of one child. She is in charge of a group of two persons. Elisabeth stocks up with cereal, liqueurs and miscellaneous items in Cotonou and in her city's market.

To improve the standard of living of her children, handle her responsibilities and expand her business, Elisabeth requested a credit loan from Finadev, together with her co-team member.

The person in charge is the one on the left of the photo.
View original language description ↓
Agée de 37 ans, Elisabeth est mariée et mère d'un enfant. Elle est la responsable d'un groupe de deux personnes. Elisabeth s'approvisionne en céréales, liqueurs et divers à Cotonou et dans le marché de sa ville. En vue d'améliorer le niveau de vie de leurs enfants, supporter les charges et agrandir son commerce, Elisabeth a sollicité, ensemble avec sa coéquipière un crédit auprès de Finadev. La responsable est celle qui se retrouve à gauche 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
  • 505.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Elisabeth's Group's $600 loan helped a member 1 carton of liqueurs, 1 bag of rice, 1 bag of corn, 1 carton of spaghetti and 1 carton of canned goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
May 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012