Nicole K. was born on 4 December 1971 and has lived for 18 years in Sikècodji in Cotonou, the economic capital of Benin. Nicole is married to Philippe Hountondji and is the mother of four children, with one additional child in her care. All of the children are in school. Nicole lives together with her children and husband. The couple provide for the family together. Nicole ended her studies in primary school. To contribute to meeting the family's expenses, Nicole sells food (red maize paste and 'piron' - a paste made from manioc flour) in her district. Nicole gets her supplies at Dantokpa, the international market in Benin. Nicole has run this business for 8 years, and has already obtained one loan through ALIDÉ (one of Kiva's field partners), which she repaid properly. Nicole is seeking a second loan with ALIDÉ to increase her production and better satisfy her clientele.
K. Nicole est née le 4 décembre 1971 et réside depuis 18 ans à Sikècodji à Cotonou, capitale économique du Bénin. Nicole est mariée à HOUNTONDJI Philippe et est mère de quatre enfants et a un autre enfant à sa charge. Tous les enfants sont scolarisés. Nicole vit ensemble avec ses enfants et son mari. Le couple assure ensemble les charges de la famille. Nicole a arrêté les classes au cours primaire. Pour contribuer aux charges familiales, Nicole vend de nourriture (pâte rouge de maïs et piron fait à base de farine de manioc) dans son quartier. Nicole s’approvisionne à Dantokpa, marché international du Bénin. Nicole exerce cette activité depuis 8 ans. Nicole a déjà obtenu un crédit à ALIDé, crédit qu’elle a bien remboursé. Nicole sollicite un deuxième crédit auprès de ALIDé pour augmenter sa production et satisfaire plus sa clientèle.
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.