Joséphine H. was born in 1978 in Cotonou, the economic capital of Bénin. Married to Mathieu TOVO, a fisherman, Joséphine has three children who are all at school. The family lives together in the Agbato district of Cotonou and the couple cover the household expenses between them. Joséphine has never been to school. Ten years ago she started selling fabric and clothes for both women and men. She gets her supplies in Dantokpa, Bénin's international market. Joséphine sells her products through the distribution system. She has already had two loans from ALIDé which she repaid without incident. She is applying for another loan from ALIDé in order to strengthen her business and better satisfy her customers.
H. Joséphine est née en 1978 à Cotonou, capitale économique du Bénin. Mariée à TOVO Mathieu, un pêcheur, Joséphine est mère de trois enfants, tous scolarisés. La famille vit ensemble au quartier Agbato à Cotonou et le couple assure ensemble les charges de la famille. Joséphine n’a jamais fréquenté l’école. Il y a 10 ans, Joséphine s’est mise dans la vente de tissus et des habits pour dames et hommes. C’est à Dantokpa, marché international du Bénin, que Joséphine s’approvisionne. Joséphine effectue la vente de ses produits par le système de distribution. Joséphine a déjà obtenu deux crédits à ALIDé, crédits qu’elle a bien remboursés. Joséphine sollicite un autre crédit auprès de ALIDé pour renforcer ses activités et mieux satisfaire ses clients.
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.