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Basilia Solange
Born on January 2, 1969, in Benin, Basilia Solange is a widow living alone with her children. She has three children, all who have completed or are attending school, two of whom are still under her care. Her education ended after primary school. To meet her and her children’s needs, Basilia Solange has been selling various products (rice, corn, beans, pasta, etc.) for about 15 years. Along with this business, she sells ice cream and bissap (a non-alcoholic drink made from hibiscus). Basilia Solange buys her supplies in one of the largest markets in Benin. This business earns her income to help her cover her family’s various expenses. In order to raise the level of her business activity and increase her profits, she is requesting her first loan through ALIDé.
Née en le 2 janvier 1969 au Bénin, Basilia Solange est une veuve qui vit seule avec ses enfants. Basilia Solange a trois enfants tous scolarisés, dont deux restent encore à sa charge. Basilia Solange n’a fréquenté que l'école primaire. Pour satisfaire ses besoins ainsi que ceux de ses enfants, Basilia Solange vend des produits divers (Riz, maïs, haricot, pâtes alimentaires, etc.) depuis une quinzaine d'année. Parallèlement à cette activité, Basilia Solange vend des glaces et des bissaps. Basilia Solange s’approvisionne dans l’un des plus grands marchés du Bénin. Cette activité lui génère des revenus l’aidant à couvrir les différentes charges de sa famille. Dans l’optique de rehausser davantage le niveau de son activité et d’accroître son profit, Basilia Solange sollicite un premier 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 458.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Basilia Solange to buy various products (rice, corn, beans, pasta, etc.).
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:
May 15, 2012