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Olawalé Pascal
Olawalé Pascal was born in 1967 in Omou in the Ouémé department. He is married to Brigitte, a shopkeeper. The couple have six children in their care, of whom five are their own. All of the children attend or have attended school. Olawalé Pascal ended his studies in secondary school and trained to be a welder. He has practiced this profession passionately for 21 years, which has allowed him to meet his customers' demands and to provide for his own family. He would like to enlarge his workshop by supplying himself with welding equipment (a press, iron, a drill, etc.). Olawalé Pascal gets his supplies in Porto-Novo, the administrative capital of Benin. This is the second time he is seeking financial support through ALIDÉ (one of Kiva's field partners). This will certainly allow him to raise the level of his business and increase both his clientele and his income.
Olawalé Pascal est né en 1967 à Omou dans le département de l’Ouémé. Olawalé Pascal est marié à Brigitte une marchande. Le couple à six enfants à charge dont cinq sont les leurs. Tous les enfants sont scolarisés. Olawalé Pascal à arrêté l’école au secondaire et a appris le métier de soudure. Olawalé Pascal exerce ce métier passionnément depuis vingt et un ans, ce qui lui permet de satisfaire aux exigences de sa clientèle et d’assurer les diverses charges de sa famille. Olawalé Pascal désire agrandir son atelier en s’approvisionnant en matériels de soudure (plieuse, fer, perceuse, etc.). Olawalé Pascal s’approvisionne à Porto-Novo, capitale administrative du Bénin. C’est la deuxième fois que Olawalé Pascal demande l’appui financier de ALIDé. Ceci lui permettra certainement de rehausser le niveau de son activité, d’accroître sa clientèle et son revenu.

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
  • 458.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Olawalé Pascal to buy welding supplies (a welding machine, hand shears, etc.).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 21, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2012