For almost 10 years, Claire has been selling fried fish and condiments used for sauces (fresh and tinned tomatoes, onions, pepper, garlic, okra, sesame seeds, hot peppers, Maggi cubes, etc.) She sells her products in a little shop located in her house. Claire needs to bolster her working capital so that she can better meet the needs of her clientele. This is why Claire has asked for the support of ALIDé.
About AlidéAlidé 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.
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Success!! The loan was 100% repaid