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Nicole
Born in 1966 in Cotonou, the economic capital of Benin, Ms. M. Nicole has been living for three years in Dèkoungbé in the community of Abomey-Calavi.  She is a widow and the mother of five children, who are all in school and in her care.  Nicole lives alone with her children and is the sole provider for the family.  She sells tubers (locally called Agonté) and coconuts in her home.  This is a business that allows her to make sure that family expenses are covered.  She also sells corn and peanuts, and this allows her to diversify her revenue sources.  She gets her supplies at Dantokpa, the international market of Benin, and also at Cococodji in the community of Abomey-Calavi.  She has been in this business for thirty years. 

Nicole is a past client of ALIDé who repays her loans.  Despite the passion she has for her work, she lacks enough funds to carry out her work and to earn more income for herself.  Because of this, Nicole is requesting a fourth loan to bolster her business in order to cope with her various responsibilities. 
View original language description ↓
Née en 1966 à Cotonou, capitale économique du Bénin, M. Nicole réside depuis trois ans à Dèkoungbé dans la commune d’Abomey-Calavi. Nicole est une veuve et mère de cinq enfants, tous scolarisés et à sa charge. Nicole vit seule avec ses enfants et supporte seule les charges de la famille. Nicole est vendeuse de tubercules (localement appelés « Agonté ») et de noix de coco à son domicile, une activité qui lui permet d’assurer les charges familiales. Nicole vend aussi du maïs et de l’arachide, ce qui lui permet de diversifier ses sources de revenus. Nicole s’approvisionne à Dantokpa, marché international du Bénin, et aussi à Cococodji dans la commune d’Abomey-Calavi. Nicole exerce cette activité depuis 30 ans. C’est une ancienne cliente de ALIDé qui rembourse bien ses crédits. Malgré la passion qu’elle a pour son activité, Nicole ne dispose pas d'assez de fonds pour mener à bien son activité et se faire plus de revenus. Pour ce fait, Nicole sollicite un quatrième crédit pour renforcer son activité afin de faire face à ses différentes charges.

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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 451.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Nicole buying sacks of "Agonté" tubers and some coconuts.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 5, 2010
Listed
Jan 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011