Alice lives in the Sémé-Podji district of Cotonou, Benin's largest city. She lives with her husband Léonard and their four children. All of their children are schooled.
For the past 8 years Anita has sold condiment products from her stall in her district. This is her fourth loan with ALIDE following successful past repayments and will allow her to purchase stock in bulk from Tokpa, Benin's largest market. Her aim is to strengthen her business in the short term.
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.