Flaivienne T. lives with her husband in CoT., the largest city in Bénin. Her husband makes a living as a carpenter, and she runs a beauty salon. They do not yet have any children. Flaivienne's activity consists of selling hair care products, cutting hair and doing braids. Many women come to her salon to have colorful streaks woven into their hair. Braiding hair is a lengthy process and is often a social gathering for women in the neighborhood.
Flaivienne has been working in her salon for four years. Before opening shop, she was trained under another hairdresser, not far from where she works now. Feeling competent in the trade, she decided to open her own business. Flaivienne is seeking a loan from Alidé in order to expand her operations. She would like to be able to fully stock her salon with hair products.
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.