René N. was born on March 10, 1980, in Cotonou, the economic capital of Benin. He's married to Clotilde HOUNSINOU, a hairdresser. The couple has two children, who both attend school. Approximately eight years ago, René moved in to the Dandji neighborhood in Sèmè-Podji, where he lives with his wife and children.
René is the family's main bread earner, thanks to the income drawn from his business. He dropped out of middle school, and was then trained as a hairdresser. He's been running this business for three years.
With the goal of outfitting his salon with the equipment he needs to do his job properly, as well as to better meet customer demand, René is for the first time seeking a loan from Kiva's partner, ALIDé.
N. René est né le 10 Mars 1980 à Cotonou, capitale économique du Bénin. René est marié à HOUNSINOU Clotilde, une coiffeuse. Le couple a deux enfants, tous scolarisés. René s’est installé depuis huit ans evirons, au quartier Dandji, dans la commune de Sèmè-Podji, où il habite avec sa femme et ses enfants. René subvient principalement aux besoins de sa famille, grâce au revenu que lui procure son activité. René a arrêté l’école au cours secondaire et appris ensuite la coiffure. René exerce cette activité depuis trois ans. Dans le but d’équiper son salon de coiffure de matériels nécessaire au bon fonctionnement de son activité afin de mieux satisfaire sa clientèle, René sollicite pour une première fois, de crédit auprès de 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.