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Oluwafemi Group
In this Group: Aurore, Naïmatou, Emilienne Jésuwamè
The OLUWAFEMI group consists of three women who live in the same neighborhood and have complementary activities. The group's representative, Aurore, is the woman raising her hand in the photo. It is the fourth time that this group is requesting financial assistance from ALIDé in order to increase its level of activity.

Aurore is 40 years old and she is married to a man named Janvier. Aurore and Janvier have four children, all in school and their dependents. Aurore never went to school. She lives with her husband and children and takes care of the various household expenses with her husband.

Aurore has been selling shoes and cosmetic products, from her home, for close to eight years. She buys her goods at a market in Benin.

Eager to better meet her customers' needs and in order to increase her income, Aurore is requesting a fourth loan from ALIDé, along with the other members of the OLUWAFEMI group.
View original language description ↓
Le groupe OLUWAFEMI est formé de trois personnes qui habitent dans le même quartier et exercent des activités complémentaires. La représentante de ce groupe, nommée Aurore, est celle dont la main est levée sur la photo. C’est la quatrième fois que ce groupe sollicite l’appui financier de ALIDé en vue d’élever le niveau de leur activité. Aurore est âgée de 40 ans et est mariée à un certain Janvier. Le couple a quatre enfants, tous scolarisés et à leur charge. Aurore n’a pas fréquenté l’école. Aurore vit ensemble avec son mari et ses enfants et assure ensemble avec son mari les différentes charges de la maison. Il y a près de huit ans que Aurore mène comme activité la vente de chaussures et de produits cosmétiques à son domicile. Aurore achète ses produits dans un marché du Bénin. Dans la quête d'une meilleure satisfaction de sa clientèle et pour accroître son revenu, Aurore sollicite pour la quatrième fois, un crédit auprès de ALIDé, ensemble avec les autres membres du groupe OLUWAFEMI.

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
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Oluwafemi Group's $1,125 loan helped a member to buy cosmetic products and shoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
May 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013