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Fatima
Fatima O. was born in 1954 in Adjohoun, in the department of Oueme. Fatima is a widow and mother to five children, all in school and still under her care. Fatima lives together with her children and is the sole provider for their expenses. For about twenty years Fatima has lived in the quarter of Gankpodo in Cotonou, the economic capital of Benin. Fatima did not go to school. To maintain the various expenses and support the needs of her children, Fatima sells diverse products (sugar, batteries, soap, candles, insecticide, vegetable oil, etc...) from her home. Fatima stocks up in Dantokpa, the international market of Benin. Fatima is a past client of Alidé, having already received five loans which have all been repaid. Fatima wants to further develop and expand her business in order to better respond to the numerous requests of her clientele which is why she is seeking another credit from Alidé
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O. Fatima est née en 1954 à Adjohoun dans le département de l'Ouémé. Fatima est une veuve et mère de cinq enfants, tous scolarisés et encore à sa charge. Fatima vit ensemble avec ses enfants et assure seule leurs charges. Il y a environs une vingtaine d'année que Fatima s'est installée au quartier Gankpodo à Cotonou, capitale économique du Bénin. Fatima n'a pas fréquenté l'école. Pour assurer ses différentes charges et subvenir aux besoins de ses enfants, Fatima vend divers produits (sucre, piles, savons, bougies, insecticides, huile végétale, etc.) à son domicile. Fatima s'approvisionne à Dantokpa, marché international du Bénin. Fatima est une ancienne cliente de ALIDé, ayant déjà obtenu cinq prêts qui ont tous été bien remboursés. Fatima désire développer davantage son activité et l'agrandir, afin de mieux faire face à la demande nombreuse de sa clientèle ; raison pour laquelle Fatima sollicite auprès de ALIDé, un autre 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 533.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Fatima purchase of various products (cartons of soap and sugar, cans of vegetable oil, candles, batteries, etc...).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Jun 22, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011