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Antoinette
Born in 1964 in Cotonou, the economic capital of Benin, Antoinette M. is married to Théophile ASSOTO and is mother of three children, all having attended (or still attending) school. One of the three children is no longer under her care. The family lives in the Abokicodji neighborhood of Cotonou, and Antoinette assists her husband with the various children-related expenses.

To make ends meet, Antoinette sells bread and various products from her home (canned goods, milk, pasta, toilet paper, etc.). She gets her supplies from Dantokpa, Benin’s international market.

She is a regular client of ALIDé, having already been granted four previous loans, all reimbursed in full. She would like to strengthen her activity and increase her stock supply, in reaction to customer demand. She also wants to generate more income to help her husband with household expenses. This is why she is requesting a fifth loan from ALIDé.
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Née en 1964 à Cotonou, capitale économique du Bénin, M. Antoinette est mariée à ASSOTO Théophile et est mère de trois enfants, tous scolarisés. Mais parmi les trois enfants, un n'est plus à la charge de Antoinette. La famille vit au quartier Abokicodji à Cotonou. Antoinette vient en aide à son mari en assurant avec lui les différentes charges des enfants. Pour y arriver, Antoinette vend du pain et divers produits (conserves, lait, pâtes alimentaires, papiers hygiéniques, etc.)à son domicile. Antoinette se ravitaille à Dantokpa, marché international du Bénin. C'est une ancienne cliente de ALIDé, ayant déjà bénéficié de quatre crédits, qu'elle a bien remboursés. Antoinette voudrait renforcer son activité et augmenter le stock de ses produits, afin de mieux répondre à la demande des clients et se faire plus de revenu pouvant l'aider à soutenir son mari dans le ménage. C'est pour cette raison que Antoinette sollicite un cinquième crédit.

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
  • 484.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Antoinette buy bread and various products (canned goods, milk, pasta, toilet paper, etc.).
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 13, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 28, 2011