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Wassiatou
T. Wassiatou, age 33, traces her roots to Ouémé in southern Benin. She is married to OKPEICHA Ibrahim, who is also a seller of hardware like Wassiatou, who offers merchandise such as cans of strong adhesives, nails, hammers, and varnish at the Berlier crossroads in Cotonou, the economic capital of Benin. She has had three loans with Alidé that she has repaid. With those loans, she was able to raise her business to the level at which it is today. Her funds prevents her from responding well to the demands of her customers. To boost her working capital and to buy other goods her customers demand, Wassiatou is requesting a fourth loan from Alidé.


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.

View original language description ↓
T. Wassiatou est agée de 33 ans et est originaire de l'Ouémé au Sud du Bénin. Wassiatou est mariée à OKPEICHA Ibrahim, vendeur également des produits de quincaillerie. Wassiatou vend des produits de quincaillerie tel que les boîtes de colles forte, des clous, des marteaux, des vernis au carrefour le berlier à Cotonou, Capitale Économique du Bénin. Wassiatou a déjà eu trois crédits de ALIDé qu'elle a bien remboursé et avec lesquels elle a pu hisser son commerce au niveau où il est aujourd'hui. Les moyens financiers de Wassiatou ne lui permettent pas de bien répondre à la demande de ses clients. Pour renforcer son fonds de commerce et pouvoir acheter les autres articles que lui demande ses clients, Wassiatou sollicite un quatrième crédit auprès de ALIDé.


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.



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.

About Benin

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 496.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Wassiatou to buy hardware products and a barrel of varnish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 7, 2009
Listed
Apr 16, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010