Misséhounton Cléméntine L. was born on September 29, 1967, in southern Benin. She is married and the mother of three children, who are all still in her care. Cléméntine owns a small food stall where she sells food and drink. Her business is in Cotonou neighborhood near a Beninese company that manufactures fabrics, called Sobetex. This is a good location as there is always a steady stream of Sobetex employees who eat at her stall during lunch. Cléméntine is seeking a loan from Kiva partner, Alidé, in order to restock her supplies. She would like to purchase rice, corn, millet, and drinks. Cléméntine hopes to expand her operations and, ultimately, to increase her standard of living.
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.