M. Christine is married and has two children, a boy and a girl. Her daughter recently took the Bac and will attend university next year. Her son is 14 years old and is in school. For three years, she has been running a small general store where she sells various goods. She buys her products at the Ouando Market in Porto-Novo.
Christine’s brother helped her open her shop a few years ago. After acquiring her first loan from Alidé, a Kiva Field Partner in Benin, Christine was able to start selling gasoline. Christine is seeking a second loan from Alidé in order to restock her store. In particular, she would like to buy wood, diesel fuel, soap, pasta, and couscous. With more financial resources, she hopes to someday acquire the funds to buy a grinder that turns corn into flour.
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.