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Oluwatogni 307 Group
In this Group: Fidèle Rachelle E, Djariatou, Albertine M.
The OLUWATOGNI 307 group is made up of three people who live in the same neighbourhood.

The group’s representative is Fidèle Rachelle, who is 40 years old and can be seen holding up her hand in the photo.

Fidèle Rachelle is married to a man named Joseph. The couple have four children, some of whom are in school and all of whom are still dependent on their parents. Fidèle Rachelle and her husband live together with their children and share the various household costs.

Fidèle Rachelle did not go to school. She has been selling lubricants from home for 18 years, which enables her to meet her family’s needs without too much difficulty.

In order to improve customer satisfaction, Fidèle Rachelle wishes to strengthen her business. In order to do this, Fidèle Rachelle has requested a second loan from Alidé along with the other members of the OLUWATOGNI 307 group.
View original language description ↓
Le groupe OLUWATOGNI 307 est formé de trois personnes qui résident dans le même quartier. La représentante de ce groupe, nommée Fidèle Rachelle, est âgée 40 ans. Fidèle Rachelle est celle dont la main est levée sur la photo. Fidèle Rachelle est mariée à un certain Joseph. Le couple à quatre enfants,dont certains scolarisés et tous à leur charge. Fidèle Rachelle et son mari vivent ensemble avec leurs enfants et assurent ensemble les différentes charges de la maison. Fidèle Rachelle n'a pas fréquenté. Fidèle Rachelle vend des lubrifiants à son domicile depuis dix huit, ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Dans le souci de mieux satisfaire ces clients, Fidèle Rachelle désire renforcer son activité. Pour ce faire, Fidèle Rachelle sollicite, ensemble avec les autres membres du groupe OLUWATOGNI 307, un deuxième 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.

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 500.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Oluwatogni 307 Group's $575 loan helped a member to purchase lubricants.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 13, 2013
Currency Exchange Loss:
Jan 18, 2014