Clémence was not enrolled in school for long and later learned hairdressing. This is the business she has been in for 15 years, in order to earn a living. Besides this business, she also sells various hairdressing products and lengths of cloth in her beauty shop, located in the Enagnon district. Clémence is a long-time client of ALIDé and has previously received three loans from ALIDé, all correctly reimbursed. However, she has encountered financial difficulties since she had an accident during her third loan period. She would like to boost her business to better satisfy her clientele and earn more money. This is what brings her to request a fourth loan from ALDé.
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