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Brigitte's Group
In this Group: Brigitte, Delphine Ablan
This is a group made up of two women who are mutually guaranteeing their loan. Brigitte, the group's leader, is 34 years old, married and the mother of one child who is 21 years old and already attending college.

Brigitte has been selling sacks of corn for five years and gets her supplies in one of Benin's markets. In the hope of increasing her capital and responding favorably to customer demand, she has sought and obtained a micro-loan from Finadev. The profits made possible by this loan will allow her to contribute to her child's vocational training and to meet her needs. Brigitte appears at left in the photo.
View original language description ↓
Il s'agit d'un groupe composé de deux femmes en caution solidaire. Agée de 43ans, Brigitte la responsable est mariée et mère d'un enfant âgé de 21ans qui est déjà à l'université. Elle vend des sacs de maïs depuis 5ans et s'approvisionne dans l'un des marchés du Bénin. Dans le souci d'augmenter son capital et de répondre favorablement à la demande de ses clients, elle a sollicité et a obtenu un micro crédit à finadev. Le bénéfice dégagé par ce crédit lui permettra de participer à la formation professionnelle de son enfant et de subvenir à ses besoins. Brigitte 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 515.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Brigitte's Group's $400 loan helped a member to purchase four sacks of corn.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013