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Florence
A. Florence was born on January 25, 1986 in the County of MONO. Florence is single and has no children. For 5 years, Florence has been selling foodstuffs (beans, maize, millet, sorghum, and manioc flour). Florence worked at this same business, together with her mother, after leaving school. She buys her merchandise from rural people in the villages of Benin, outside of Cotonou.



For 4 years, Florence has been taking out loans from ALIDé and always respects the terms of her repayment schedule. She has been able to develop her business thanks to the various loans she has received from ALIDé. In order to satisfy the needs of her ever-increasing clientele, Florence is now requesting a 5th loan from ALIDé.




The signification 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 yearly income stands at US$ 1,500 per inhabitant per year.

View original language description ↓
A. Florence née le 25/01/1986 dans le Département du MONO. Florence est célibataire sans enfants. Depuis cinq (5) ans Florence vend de produits vivriers (haricot, maïs, mil, sorgho, farine de manioc.). Florence exerçait cette activité avec sa mère après son abandon de l’école. C’est dans les villages du Bénin, en dehors de Cotonou que Florence achète ses produits vivriers auprès des paysans. Depuis quatre ans Florence fait de prêts à ALIDé et respecte toujours ses engagements de remboursement. Florence a pu développer son activité grâce aux différents prêts qu’elle a eu de ALIDé. Pour satisfaire sa clientèle sans cesse croissante, Florence sollicite un cinquième crédit 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
  • 480.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Florence purchase of 5 sacks of 50 kg of dried beans, 15 sacks of 50 kg of maize, and two sacks 0f 50 kg of sorghum.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 10, 2009
Listed
May 21, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010