Edith A. was born around 1961 in Gbecon, Porto-Novo, the administrative and political capital of the Republic of Benin. She is married and the mother of six children. Edith and her family live in Yèvié, a neighbourhood of Porto-Novo. She works selling firewood and coal. This revenue-generating activity is going through a period of growth as her clientele has increased. However, as she lacks the financial means to re-stock quickly and supply this heavy demand efficiently, Edith has turned to Kiva Partner Alidé in order to strengthen her working capital so she can increase her sales volume.
A. Edith est née vers 1961à Gbecon à Porto- Novo, Capitale Administrative et Politique de la République du BENIN. Edith est mariée et mère de six (06) enfants. Edith et sa famille vivent à yèvié un quartier de Porto-Novo. Edith est une vendeuse de bois de chauffage et de charbon de bois. Son activité qui lui est génératrice de revenus est en pleine croissance à cause de l’augmentation de sa clientèle. Mais faute de moyens financiers pour plus s’approvisionner à temps et pour répondre efficacement à cette forte demande, Edith fait donc recours à ALIDé pour renforcer son fonds de roulement afin d’augmenter le volume de ses produits.
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.