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Odette
K. Odette was born around 1972 in Adjarra in the County of Ouémé. Odette sells peanut cookies wholesale and plastic bags for various usages. Odette delivers her peanut cookies to retailers at the market of Sèkandji in the township of Sèmè-kpodji. Odette buys her peanut cookies at Bohicon in the County of ZOU.



As for the bags, Odette buys them in Nigeria, a border state of Benin, and sells them to retailers of such products in Dantokpa, the big international market of Benin. To bolster her working capital so as to respond to the needs of her clientele, she is asking ALIDé for a loan.




The significance of ALIDé in the local language of Bénin, Fon, is "there is always a pathway for the poorest of the poor". Bénin is a small country in West Africa next door to Nigeria, where the average per capita annual income stands at US$ 1,500.

View original language description ↓
K. Odette est née vers 1972 à Adjarra dans le Département de l'Ouémé. Odette vend des galettes d’arachide en gros et des sachets pour divers usages. C’est aux détaillants de galettes d’arachide du marché de Sèkandji dans la Commune de Sèmè-kpodji que Odette livre ses galettes. Odette achète ses galettes d’arachide à Bohicon dans le Département du ZOU. En ce qui concerne les sachets, Odette les achète au Nigeria, État frontalier au Bénin et les revend aux détaillants de ce produit à Dantokpa, grand marché international du Bénin. Pour renforcer son fond de roulement afin de bien répondre à la demande de sa clientèle, sollicite de ALIDé un crédit.


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
  • 470.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Odette purchase of 4 big baskets of peanut cookies and 150 dozen bags.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 12, 2009
Listed
May 25, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010