FIFA is a group of three people whose members live in the same neighborhood. The representative of the group, Kelome Estelle (whose hand is raised in the photo), is 33-years old and married to a Rodrigue. The couple have three children, all attending school, two of which are dependent on them. Kelome Estelle lives together with her husband and her children. The couple share the various children's expenses. Kelome Estelle stopped attending school at the secondary level. About two years ago, she started a business selling haberdashery in a city in Benin in order to contribute to the various household expenses. Kelome Estelle is passionate about her work which enables her to take care of her needs and those of her children. Kelome Estelle stocks up in a city in Benin. In pursuit of customer satisfaction, Kelome Estelle is asking for a fourth loan with the other members of FIFA group. This loan will allow them to better meet customer demand and earn more profit. Their prior loans were all fully repaid.
FIFA est un groupe de trois personnes, dont les membres résident dans le même quartier. La représentante du groupe, Kèlomè Estelle (dont la main est levée sur la photo), est âgée de 33 ans et est mariée à un certain Rodrigue. Le couple a trois enfants, tous scolarisés, dont deux sont à leur charge. Kèlomè Estelle vit ensemble avec son mari et ses enfants. Le couple se partage les différentes charges des enfants. Kèlomè Estelle a arrêté l'école au niveau secondaire. Il y a environs deux ans que Kèlomè Estelle mène comme activité la vente d'articles de mercerie dans une ville du Bénin afin de contribuer aux divers besoins du ménage. Kèlomè Estelle exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Kèlomè Estelle s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle, Kèlomè Estelle sollicite un quatrième crédit avec les autres membres du groupe FIFA. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits. Les crédits précédemment reçus ont été bien remboursés.
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.