A loan of $1,450 helped a member to buy 10 dozen pairs of shoes and one sack of rice.

Fifonsi Group's story

FIFONSI is a group made up of 11 persons whose leader (the woman who is raising her hand in the photo) is named Laure Sèblo. The members of the group live in the same neighborhood in Bénin. For the first time, in order to grow their working capital, this FIFONSI group is requesting a loan from ALIDé.

Laure Sèblo, 47, lives in Bénin. She is a widow raising five children, two of whom are her biological children. Some of these children are enrolled in school. Laure Sèblo supports the children all by herself.

Laure Sèblo did not attend school. To earn a living, she sells shoes in a town in Bénin. She also sells cooked rice with sauce, pasta, etc. She buys her supplies in Bénin. She has been working at this businss for a dozen years, and it allows her to cover her family's daily expenses. This first loan will surely permit Laure Sèblo and the other members of the FIFONSI group to raise the level of their businesses and grow their turnover and their clientele.

Later on, Laure Sèblo would like to acquire a parcel of land and build a house.

In this group: Laure Sèblo, Victoire, Pierrette, Elisabeth, Ghislaine, Solange, Euphrasie, Rose, Yvonne, Raïssa, Bignon Amélévi Lydia

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Translated from French by Kiva volunteer Teresa Kramer

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