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Bénédicta Baï's Group
In this Group: Bénédicta Baï, Pascaline
This is a group composed of two persons who mutually guarantee one another. Bénédicta, the group's official, is 37 years old, married, and the mother of three children, of whom the oldest and the youngest are 20 and 8 years old, respectively. Bénédicta has been selling packets of spaghetti, canned foods, soaps, eggs, and other goods for a few years. She gets her supplies from one of the markets in Benin.

Concerned about increasing her working capital and responding favorably to the demands of her customers, she and her teammate requested and obtained a micro-loan from Finadev with the aim of maximizing her profits and helping to cover her children's schooling costs.

Bénédicta is the one found at the left in the photo.
View original language description ↓
Il s'agit d'un groupe composé de deux personnes en caution solidaire. Bénédicta la responsable est âgée de 37 ans. Elle est mariée et mère de trois enfants scolarisés dont l'aîné et le benjamin ont respectivement 20 ans et 08 ans. Elle vend des paquets de spaguetti, des boîtes de conserve, des savons, des oeufs et d'autres articles depuis quelques années puis s'approvisionne dans l'un des marchés du Bénin. Soucieuse d'augmenter son fonds de roulement et de répondre favorablement à la demande de ses clients, elle a sollicité et a obtenu ensemble avec sa coéquipière un micro crédit à Finadev en vue de maximiser son bénéfice et de participer à la scolarisation de ses enfants. Bénédicta 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 506.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bénédicta Baï's Group's $800 loan helped a member to purchase spaghetti, canned foods, soaps, and eggs for her store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 11, 2012
Sep 25, 2012
Currency Exchange Loss:
Jun 29, 2013