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Fifatin Group
In this Group: Charlotte, Reine Prisca, Olga
FIFATIN is a group consisting of three members who live in the same neighborhood. Charlotte, the group's representative, is the woman raising her hand in the photo.

Charlotte is 37 years old and did not attend school. She is married to a man named Saliou. Charlotte and Saliou have one child, who goes to school and is their dependent. Charlotte lives with her husband and her child and takes care of the various household expenses with her husband.

In order to cover her various expenses, Charlotte has been selling snacks (prepared with wheat flour) as well as rechargeable phone cards, for almost six years. She stocks up at a market and in one of the regions of Bénin.

Eager to further strengthen her activity and to better meet the demands of her customers, Charlotte would like to increase her stock of goods. In order to do so, she and the other members of FIFATIN are requesting their third loan from ALIDé. Their two previous loans have been duly repaid.
View original language description ↓
Le groupe FIFATIN est formé de trois personnes qui vivent dans le même quartier. La représentante de ce groupe, nommée Charlotte, est celle dont la main est levée sur la photo. Charlotte est âgée de 37 ans et n’a pas fréquenté l’école. Charlotte est mariée à un certain Saliou. Le couple a un enfant, scolarisé et à leur charge. Charlotte vit ensemble avec son enfant et son mari. Le couple assure ensemble les diverses charges de la maison. Pour faire face à ses différentes charges, Charlotte vend des amuse-gueule (fait à base de farine de blé) et des cartes de recharges téléphoniques depuis près de six ans. Charlotte s’approvisionne dans un marché et une région du Bénin. Dans le souci de renforcer davantage son activité et de mieux répondre aux exigences de sa clientèle, Charlotte désire augmenter le stock de ses produits. Pour ce faire, Charlotte sollicite ensemble avec les autres membres du groupe FIFATIN, un troisième crédit auprès de ALIDé. Les deux premiers crédits reçus 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
  • 502.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fifatin Group's $800 loan helped a member to buy rechargeable phone cards and wheat flour.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 13, 2013
Apr 11, 2013
Currency Exchange Loss:
Dec 17, 2013