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Iche-Otan Group
In this Group: Nafiratou , Khaliatou, Sabine Rose
"ICHE-OTAN" is a group composed of three persons who reside in the same district. The group's representative, Nafiratou (whose hand is raised in the photo), is 63 years old, a widow, and the mother of six children, none of whom are in school. Among the children, one remains in her care. Nafiratou lives alone with her child. She ensures by herself that her different needs and those of her child are met.

To cope with her different expenses, Nafiratou has a business selling cloth and spare parts for motorbikes in certain regions of Benin. She has been in this business for about twenty years and gets her supplies from a market in Benin and from Nigeria.

To respond better to the requirements of her increasingly numerous customers and to make more profit, Nafiratou, along with the other members of the group "ICHE-OTAN", is requesting an initial loan from ALIDé. This loan will enable them to raise their level of business and to grow their customer base and their revenues.
View original language description ↓
«ICHE-OTAN» est un groupe composé de trois personnes qui résident dans le même quartier. La représentante du groupe du nom de Nafiratou (dont la main est levée sur la photo), est âgée de 63 ans. Nafiratou est une veuve et est mère de six enfants dont aucun scolarisé. Parmi les enfants, un seul reste à la charge de Nafiratou. Nafiratou vit seule avec son enfant. Nafiratou assure seule ses différents besoins ainsi que ceux de son enfant. Pour faire face à ses différentes charges, Nafiratou mène comme activité la vente des tissus et des pièces de moto dans certaines régions du Bénin. Nafiratou exerce cette activité depuis une vingtaine d’années et s’approvisionne dans un marché du Bénin et au Nigéria. Afin de mieux répondre aux exigences de sa clientèle de plus en plus nombreuses et de se faire plus de profits, Nafiratou sollicite, ensemble avec les autres membres du groupe «ICHE-OTAN» un premier crédit auprès de ALIDé. Ce prêt leur permettra de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.

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
  • 531.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Iche-Otan Group's $300 loan helped a member to buy cloth and some spare parts to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jul 20, 2012
Aug 17, 2012
Currency Exchange Loss:
Apr 17, 2013