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Sister
Sister K. was born about 1969 and has lived in the Cadjehoun quarter of Cotonou, the economic capital of Benin for the last 11 years. She is divorced and is the mother and responsible for four school aged children. Sister lives alone with her children and is solely responsible for the needs of the family. She did not have the opportunity to attend school and has been selling and distributing rice, eggs, and vegetable oil for the last ten years.

Sister buys her supplies in Dantokpa, the international market in Benin. She has already made two loans with ALIde, which have been duly repaid. To strengthen her business operating funds, and better meet the needs of both her customers and her children, Sister is requesting this third ALIde loan.
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K. Sister est née vers 1969 et vit dans le quartier Cadjèhoun à Cotonou, capitale économique du Bénin, depuis onze ans. Sister est divorcée et a quatre enfants tous scolarisés à sa charge, dont trois sont ses propres enfants. Sister vit seule avec ses enfants et supporte seule les charges de la famille. Sister n’a pas eu la chance d’aller à l’école et exerce depuis dix ans la vente du riz, d’œufs et d’huile végétale qu’elle distribue. Sister fait ses approvisionnements à Dantokpa, marché international du Bénin. Sister a déjà obtenu deux crédits qu'elle a bien remboursé à ALIdé. Pour accroître son fonds de roulement et réaliser plus d'économie afin de mieux satisfaire les besoins de ses enfants, Sister sollicite un troisième crédit auprès de ALIDé.

Additional Information

About Alidé

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.

About Benin

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 441.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Sister to buy sacks of rice, cans of oil and crates of eggs for resale.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 9, 2009
Listed
Oct 20, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010