Check out other loans that are currently fundraising!
Fibetado Group
In this Group: Adidjatou, Paulette, Geneviève, Valérie, Fatima, Justine, Fifamè, Latifath, Geneviève, Bernadette, Micheline, Mahouti, Justine, Adélaïde, Elodie, Célestine, Estelle, Joséphine, Séraphine
The Fibetado group consists of nineteen people who are friends and live in the same village. The person representing the group is named Adidjatou (the one with the hand raised on the photo). She is 30 years old.

Adidjatou did not attend school. She married a farmer named Sègbégnon. The couple has four children, all attending school and all under their care. Adidjatou lives with her ​​husband and children, and the various family expenditures are handled by the couple.

To achieve this, Adidjatou has been running a business selling corn and beans throughout the region since she was six. In addition to her core business lady Adidjatou also sells gari (cassava flour). She resupplies in one of Benin's markets.

To increase the level of their activity, Adidjatou and the other members of the Fibetado group are requesting a first loan from ALIDé.
View original language description ↓
Le groupement FIBETADO est composé de dix neuf personnes qui sont des amies et résident dans le même village. La représente du groupe, nommée Adidjatou (celle qui a la main levée sur la photo) est âgée de 30 ans. Adidjatou n’a pas fréquenté l’école. Adidjatou est mariée un cultivateur du nom de Sègbégnon. Le couple a quatre enfants, tous scolariés et tous à leur charge. Adidjatou vit avec son mari et ses enfants. Les différentes charges de famille sont assurées par le couple. Pour ce faire, Adidjatou mène comme activité la vente de maïs et du haricot depuis six dans sa région. En plus de son activité principale, dame Adidjatou vend aussi du gari(farine de manioc). Adidjatou s'approvisionne dans un marché du Bénin. Dans le but d’accroitre le niveau de son activité Adidjatou ensemble avec les autres membres du groupement FIBETADO sollicite un premier crédit auprès de ALIDé.

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.

Tags

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 488.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fibetado Group's $1,400 loan helped a member buy corn, beans and gari (cassava flour).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 11, 2014