A loan of $575 helped a member purchase bags of maize and cassava flour, shoes and bags.


Ife Group's story

IFE is a group comprised of three members whom are friends and belong to the same group of revolving credit. The representative of the group, Pélagie (who has her hand raised in the photo) is 34 years old. She never attended school, is married to a mechanic named Bernadin, and has four children, a few of whom attend school. Pélagie lives with her husband and children. The couple share the responsibilities of the home. In order to contribute to the financial responsibilities, Pélagie has been a travelling saleswoman for maize during the past 15 years. She has also sold bags, shoes and cassava flour. She is hoping to broaden her retail activity and better satisfy her customers. She is asking for a third loan from ALIDE, along with the other members of the IFE group. This loan will allow them to better respond to customer demands and increase their profits. Their first two loans were reimbursed in a timely manner.

In this group: Pélagie , Dohoué Béatrice, Viviane

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Translated from French by Kiva volunteer Chloé Tuot



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