Kindé Yvette A. was born in 1967 in Ouidah, an historic town in Benin. Yvette is a widow with three school-aged children. She has lived in the Akpakpa quarter of Cotonou, the economic capital of Benin, with her children for almost 17 years. She has another child in her care as well as her own, and sees to their needs by herself. To do so, she prepares and sells food (corn and rice with sauce) in Cotonou. Yvette sources her goods from Dantokpa, Benin's international market, and has been in this line of work for around ten years. She has already received four loans which have all been successfully repaid. In light of rapid growth in her customer base, Yvette wishes to boost her business proposition and better satisfy those customers.
A. Kindé Yvette est née en 1967 à Ouidah, ville historique du Bénin. Yvette est veuve et mère de trois enfants, tous scolarisés. Il y a près de dix sept ans que Yvette habite le quartier Akpakpa à Cotonou, capitale économique du Bénin, avec ses enfants. Yvette a un autre enfant à sa charge, en plus de ses enfants. Yvette vit seule avec ses enfants et assure seule ses différentes charges. Pour y arriver, Yvette prépare et vend de la nourriture (pâte de maïs et riz accompagné de sauce) à Cotonou. Yvette s'approvisionne à Dantokpa, marché international du Bénin. Yvette exerce cette activité depuis une dizaine d'année et a déjà bénéficié de quatre crédits qui ont été tous bien remboursés. Face à l'accroissement de sa clientèle, Yvette désire rehausser le niveau de son activité et mieux satisfaire 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.