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Olga Sylvie
Olga Sylvie is 40 years old and is married to a dentist named Roger. The couple has four children, who all attend school and are in their care. Olga Sylvie provides for the family's various expenses together with her husband, thanks to the income from her activity. Olga Sylvie left school in middle school.
For about ten years, Olga Sylvie has been in the business of selling shoes and haberdashery items; she also sells prepaid phone cards as a side activity. Olga Sylvie gets her supplies from Togo and Nigeria, Benin's neighboring states.
This is the fourth time that Olga Sylvie has requested a loan from ALIDé. The loan will be used to grow her business and to better satisfy her customers. Previous loans have been repaid punctually.
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Olga Sylvie est âgée de 40 ans et est mariée à un dentiste du nom de Roger. Le couple a quatre enfants, tous scolarisés et vivant à leur charge. Olga Sylvie assure ensemble avec son mari les diverses charges de la famille grâce au revenu que lui apporte son activité. Olga Sylvie a arrêté l'école au cours secondaire. Depuis une dizaine d'année, Olga Sylvie mène comme activité, la vente de chaussures, des produits de mercerie et des cartes de recharges téléphoniques de façon secondaire. Olga Sylvie s'approvisionne au Togo et au Nigeria, États voisins du Bénin. C’est la quatrième fois que Olga Sylvie sollicite auprès de ALIDé un crédit, crédit qui lui servira à élever le niveau de son activité et à mieux satisfaire sa clientèle. Les crédits antérieurs ont été bien remboursés.

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
  • 455.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Olga Sylvie to buy shoes and haberdashery items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012