For 15 years, Jeanne has been selling cosmetics, fruit, and cocoyams. For 3 years, Jeanne has been taking out loans at ALIDé and has always correctly reimbursed them. She is requesting another loan from ALIDé to use to develop her business further so that she can do better by her children.
The significance of ALIDé in the local language of Benin, Fon, is "there is always a pathway for the poorest of the poor". Benin is a small country in West Africa next door to Nigeria, where the average per capita income stands at US$ 1,500.
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.
About AlidéAlidé 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.
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Success!! The loan was 100% repaid