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Fifa Group
In this Group: Marie, Simeho Marie, Julienne, Kouavi Didie, Bai Céline, Ayaba Carine Fleur, Marlène Mirimonde, Véronique, Marie Laure, Agnès, Adjouavi Reine, Ahouéfa Clémentine, Françoise, Charlotte, Honorine, Angèle, Béatrice
FIFA is a group of 17 people, all of whom work in the same place. The group representative, Marie (who is raising her hand in the photo), is 47 and married to a policeman named Paul. Marie has three children, all in school, whom she takes care of. She and her husband live together with their children and both work to cover the household costs. On top of their own children, the couple has another child to take care of. Marie did not attend school.
For approximately ten years, Marie has sold rice and various products at a public school in Bénin and from her home. Marie works passionately. Her work allows her to provide for her needs and those of her children. Marie gets her products from a market in Bénin. In order to better satisfy her customers, Marie is requesting her first loan, along with her fellow group members from FIFA. This loan will allow them to better serve their customers and to make more profits.
View original language description ↓
FIFA est un groupement de dix sept personnes, dont les membres exercent leurs activités au même endroit. La représentante du groupe, Marie (dont la main est levée sur la photo), est âgée de 47 ans et est mariée à un policier du nom Paul. Marie est mère de trois enfants tous scolarisés et à sa charge. Le couple vit ensemble avec ses enfants et assure ensemble les diverses charges du mébage. En plus de leurs enfants, le couple a un autre enfant à charge. Marie n’a pas fréquenté l’école. Il y a dix ans environs que Marie mène comme activité la vente de riz et de divers produits dans une école publique du Bénin et à son domicile. Marie exerce cette activité passionnément, ce qui lui permet de subvenir à ses besoins et à ceux de ses enfants. Marie s’approvisionne dans un marché du Bénin. Dans la quête de la satisfaction de sa clientèle, Marie sollicite un premier crédit avec les autres membres du groupement FIFA. Ce crédit leur servira à mieux répondre aux demandes de leur clientèle et à se faire plus de profits.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 502.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fifa Group's $2,550 loan helped a member to buy bags of rice and various products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Oct 25, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2013