Albertine Adjikey


Status: Paying Back

$525.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Albertine Adjikey
Location: Cotonou, Benin
Activity: Clothing Sales

About the Loan

Loan Amount: $525.00
Loan Use: To buy clothing for babies, childen, and adults, as well as shoes and handbags
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 11, 2009
Date Disbursed: May 1, 2009
Date Funded:Apr 13, 2009

About the Country

Country:Benin
Avg Annual Income:$1,500.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:499.9775 XOF = 1 USD



ADJIKEY Albertine was born on November 15, 1980. She sells clothing for babies and small children, women's undergarments, handbags, and dress shoes. Nigeria, a country bordering Benin, is where she goes to buy her merchandise to bring back for resale in Benin, to Cotonou, the economic capital of Benin, to be exact. Albertine has had three loans from Alidé that enabled her to operate her business at a level at which she is today. Currently, she has a plan for developing and diversifying her business. This is why she's again asking Alidé for a loan. Thus, she'll be able to make more profit to provide for her family better.


ALIDÉ means “there is always a path for the poorest” in Benin’s local language of Fon. Benin is a small West African country located next to Nigeria and has a per capita GDP of $1,500. ALIDÉ offers special loans to highly vulnerable people at an interest rate of 0%. It is part of a group that is soon launching a micro health insurance program for recipients of micro-loans.

Translated from French by Dan Kuey, Kiva Volunteer


ADJIKEY Albertine est née le 15 novembre 1980. Albertine vend des vêtements pour bébés et petits enfants, des dessous de femmes, de sacs de sotie et des chaussures de sortie. C'est au Nigéria, pays frontalier au Bénin que Albertine va acheter ses produits et revient au Bénin, précisement à Cotonou Capitale Économique du Bénin pour les revendre. Albertine a déjà eu de ALIDé trois prêts qui lui ont permet d'amener son activité au niveau où elle est aujourd'hui. Actuellement, Albertine a pour projet de développer et de diversifier son activité. C'est pourquoi Albertine demande encore de crédit à ALIDé. Ainsi, Albertine pourra faire plus de profit pour mieux subvenir aux besoins de sa famille.


La signification de ALIDé en langue locale du Bénin, le Fon, est « un chemin existe toujours pour les plus pauvres ». Le Bénin est un petit pays de l’Afrique de l’Ouest à coté du Nigeria où le PIB par habitant est à $1,500. ALIDé offre les prêts spéciaux de 0% d’intérêt aux personnes très vulnérables et elle est dans un groupe qui lance bientôt un programme de la micro-assurance santé pour les bénéficiaires de micro crédit.








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Lenders to this entrepreneur

enREDados
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Angela
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Noma & Ash
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Ann-Mari
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Journal entries for Albertine Adjikey


Loan has been disbursed
 
Entrepreneur: Albertine Adjikey
Location: Cotonou, Benin

Thank you for your loan. It has been disbursed to Albertine ADJIKEY by Alidé in Benin. We are excited to watch this business grow. Over the 12 months of this loan, Alidé will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cotonou, Benin
May 1, 2009
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Kiva Help Repayment Schedule for Albertine Adjikey

  Expected Repayments Actual Repayments Comments
July 2009 $0.00 $44.10  
August 2009 $43.75 $43.40 Repayment Received
September 2009 $43.75 $43.75 Repayment Received
October 2009 $43.75 $43.75 Repayment Received
November 2009 $43.75 $43.75 Repayment Received
December 2009 $43.75 $43.75 Repayment Received
January 2010 $43.75 Available Jan 1 Repayment Received
February 2010 $43.75 Available Feb 1  
March 2010 $43.75 Available Mar 1  
April 2010 $43.75 Available Apr 1  
May 2010 $43.75 Available May 1  
June 2010 $43.75 Available Jun 1  
July 2010 $43.75 Available Jul 1