Benin > Alidé

About the Field Partner

Field Partner:	Alidé
Field Partner Risk Rating:	(Learn more)
Time On Kiva:	21 months
Kiva Entrepreneurs:	1397
Total Loans:	$506,700
Delinquency Rate:	0.00%
Default Rate:	0.00%
Currency Exchange Loss Rate:	0.00%
See all loans from this field partner >>

Kiva Fundraising Status

Fundraising Status:	Active
See all fundraising loans from this field partner >>

Other Information Sources

MIX Profile:	View MIX Profile
Network Affiliation:	None
Social Performance Reporting Level:	N/A
Consumer Protection Principles:	N/A
Field Partner Website:	View Website
Email Contact:	houssoul@yahoo.fr

Status Update - September 17, 2009:

Kiva recently modified its methodology for assessing the level of risk presented by its Field Partners. This new process is more rigorous and measures partner performance along additional key dimensions of risk. The drop in Alidé’s risk rating stems directly from the switch to this new methodology and is not a reflection of any changes at the institution.

ALIDE, or the Association de Lutte pour la promotion des Initiatives de Développement (Association for the Promotion of Development Initiatives), is a microfinance institution in Benin born out of the institutional transformation of the savings and lending program of the French NGO Initiative Développement (ID).

Its mission is to offer impoverished families living in peri-urban and rural areas (often excluded from formal credit and savings systems) sustainable access to productive loans, savings, training and guidance.

ALIDE is authorized by the Finance Minister’s framework convention of March 20, 2003. It is also a member of Consortium Alafia, the national association of microfinance practitioners in Benin.

Today, ALIDE is working in poor neighborhoods in Cotonou and the surrounding areas as well as in the communes of Allada, Porto-Novo, Missérété, Adjarra, Dangbo and Avrankou. It has six agencies and one executive office. ALIDE currently has over 5,000 active borrowers.

L’Association de Lutte pour la promotion des Initiatives de Développement (ALIDE) est une institution de microfinance de droit béninois qui est issue de la transformation institutionnelle du Programme Crédit Epargne de l’ONG française Initiative Développement (ID).

Sa mission est d’offrir un accès durable aux crédits productifs, à l’épargne et aux formations d’accompagnement aux familles les plus défavorisées des zones périurbaines et rurales exclues des systèmes de crédit et d’épargne formels.

Alide est une institution autorisée par la convention cadre du 20 mars 2003 du ministère des finances.

Elle est également membre du Consortium Alafia qui est l’association nationale des praticiens de la microfinance.

Alide travaille aujourd’hui dans les quartiers populaires de Cotonou et ses environs ainsi que dans les communes d’Allada, de Porto-Novo, de Missérété, d’Adjarra de Dangbo et d’Avrankou. Elle dispose de six (06) agences et d’une Direction. L’institution compte actuellement plus de 5 000 emprunteurs actifs.