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Loko Chantal
Loko Chantal was born in Benin in 1965. She is married to Victor, a teacher, and she is the mother of three dependent children who all attend school. In addition to her own children, Loko Chantal also has five other children in her care. She and her family live together in a city of Benin.

Loko Chantal sells various products from her home (sugar, pasta, milk, batteries, soap, rice, cassava flour, fresh eggs, vegetable oil, etc.). She buys her merchandise in Benin. The income she earns from this activity allows her to help pay for the family expenses.

Loko Chantal hopes to bolster and diversify her activity by buying other miscellaneous products, which should help not only to boost her revenue and profits, but also to better meet the needs of her customers. To that end, she is seeking another loan from ALIDé.
Loko Chantal est née en 1965 au Bénin. Mariée à un enseignant nommé Victor, Loko Chantal est mère de trois enfants, tous scolarisés et à sa charge. En plus de ses enfants, Loko Chantal a cinq autres enfants à sa charge. Loko Chantal vit ensemble avec sa famille dans une ville du Bénin. Loko Chantal vend divers produits (sucre, pâtes alimentaires, lait, piles, savons, riz, farine de manioc, œufs frais, huile végétale, etc.) à son domicile. Loko Chantal s'approvisionne au Bénin. Cette activité lui procure des revenus l’aidant ainsi à participer aux charges familiales. Loko Chantal ambitionne élever le niveau de son activité et la diversifier par l'achat d'autres produits divers ; ce qui lui permettra d’augmenter son chiffre d’affaire et de rehausser le niveau de son revenu, mais également de mieux répondre aux exigences de sa clientèle. Pour ce faire, Loko Chantal sollicite un autre crédit auprès de ALIDé.

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
  • 456.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Loko Chantal to buy various products such as soap, pasta, sugar, rice, milk, eggs, etc. for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012