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Fenou Group
In this Group: Françoise, Rose, Célestine, Josiane Henriette, Albertine, E. Jeannette, Edwige, Cathérine, Germaine, Raymonde, Lydie
FENOU is a group of eleven people, whose members live in the same area. The group representative, Françoise has her hand raised in the photo. She is 51 and is married to a man named Joseph. Françoise did not attend much school. The couple have three children, all attend school and live with them at home. The couple live together with their children, and they meet the household budget together. To do so, she sells yam chips and yams from her home.
She buys her provisions in a market in a region of Bénin. This business allows her to meet her needs and those of her children without too much difficulty. Françoise and the other members of FENOU are seeking ALIDé's financial assistance for the third time, in order to strengthen their working capital and their businesses, and to better meet their customers' requirements. The previous loans have been fully repaid.
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FENOU est un groupement de onze personnes, dont les membres résident dans le même quartier. La représentante du groupe, Françoise est celle dont la main est levée sur la photo. Françoise est âgée de 51 ans et est mariée à un certain Joseph. Françoise a un peu fréquenté.le couple a trois enfants, tous scolarisés et à leur charge. Le couple vit ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Pour y parvenir, Françoise vend des cossettes d’ignames et des ignames à son domicile. Françoise s’approvisionne un marché et dans une région du Bénin. Cette activité lui permet de subvenir sans grande difficulté, à ses besoins et à ceux de ses enfants. Françoise et les autres membres du groupement FENOU sollicitent pour une troisième fois, l’appui financier de ALIDé en vue de renforcer leur fonds de roulement et leur activité et de mieux répondre aux exigences de leur clientèle. Les prêts antérieurs ont été bien remboursés.

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
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fenou Group's $2,650 loan helped a member to buy yams.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 30, 2012
Nov 20, 2012
Currency Exchange Loss:
Sep 20, 2013