To support herself and her children, Julienne sells food products in Allada. She gets her supplies from Savè in the department of Collines. She has been in this business for 38 years. So far she was granted two loans from Alidé and repaid them on schedule. Julienne came now to Alidé and applied for a third loan, which she will use to increase her inventory and better meet the ever increasing demand from her customers.
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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