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Finagnon Mathias
Finagnon Mathias is 51 years old and married to a saleswoman named Celestine. The couple has fifteen children all of whom attend (or have attended) school, and live under their care. In addition to their own children, they care for two other children. Finagnon Mathias has not attended school himself. The couple shares responsibility for all household expenditures.

To provide for his needs and those of his family, Finagnon Mathias has been cultivating beans, peppers and tomatoes over the past forty years, which he then sells in the surrounding area. Alongside this activity, Dossa Mathias is also a fisherman. He resupplies in Cotonou.

In order to bolster his business and better serve his customers, Finagnon Mathias is requesting a fifth credit loan from ALIDé. His ambition is to increase the level of his business activity. The previous four loans granted him have all been fully reimbursed.
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Finagnon Mathias est âgé de 51 ans et est marié à une vendeuse du nom de Célestine. Le couple a quinze enfants tous scolarisés et à leur charge. En plus de leurs enfants, le couple a deux autres enfants en charge. Finagnon Mathias n’a pas fréquenté l’école. Le couple assure ensemble les diverses charges familiales. Pour subvenir à ses besoins et à ceux de sa famille, Finagnon Mathias mène comme activité depuis quarante ans environs, la culture de céréales (haricot) et des légumineuses (piment et tomate) qu’il vend dans sa région. Parallèlement à cette activité, Finagnon Mathias fait la pêche. C'est à Cotonou que Finagnon Mathias s'approvisionne. Dans le but de renforcer son activité et de mieux satisfaire sa clientèle, Finagnon Mathias sollicite un cinquième crédit auprès de ALIDé. Son ambition est d’accroître le niveau de son activité. Les quatre premiers crédits reçus antérieurement par Finagnon Mathias 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 491.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Finagnon Mathias buy food crops for cultivation (beans, peppers and tomatoes).
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 10, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012