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Sadiath Alimatou's Group
In this Group: Sadiath Alimatou, Gisèle Salamatou
Alimatou Sadiath is the official of a group composed of two members who guarantee each other in solidarity. She is 31 years old, married, and the mother of three children, of whom two are in a local school. She has been selling coolers, plasticware, cloth, shoes, and other items for seven years. She stocks up from one of the markets in Benin.

With the aim of bolstering her business and responding favorably to the demands of her customers, she requested and obtained financing from Finadev. This financing will enable her to help with her children's education. She envisions helping her mother to get an eye operation.

Alimatou Sadiath is at the left in the photo.
View original language description ↓
Alimatou Sadiath est la responsable d'un groupe composé de deux membres en caution solidaire. Agée de 31 ans, elle est mariée et mère de trois enfants dont deux sont scolarisés dans une école de la place. Elle vend des glacières, des plastiques, des tissus, des chaussures et d'autres articles depuis sept ans. Elle se ravitaille dans l'un des marchés du Bénin. En vue de renforcer son activité et de répondre favorablement à la demande de ses clients, elle a sollicité et a bénéficié d'un financement à Finadev. Ce financement lui permettra d'accroître son revenu additionnel et de participer à la scolarisation de ses enfants. Elle envisage aider sa mère à se faire opérée à l'œil. Alimatou Sadiath se retrouve à gauche dans 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
  • 528.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sadiath Alimatou's Group's $675 loan helped a member to buy 3 insulated containers (coolers), 2 lengths of cloth, 3 pairs of shoes, 4 pallets of drinks of various types.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 29, 2013