Lokossi Tangni is 55 years old and is married to a repairman named Antoine. The couple has three children all in school of whom one is still their dependent. Lokossi Tangni lives together with her husband and her dependent child and takes care of the diverse family responsibilities together with her husband. Lokossi Tangni did not go to school.
For fifteen years Lokossi Tangni has been preparing food (corn dough accompanied by sauce, etc.) which she sells in a market of Bénin. At the same time as this business, Lokossi Tangni sells corn and local drink. Lokossi Tangni gets her supplies in a market of Bénin.
In seeking to satisfy her clientèle and to grow her business numbers and her income, Lokossi Tangni is requesting together with the other members of the Miwawiwe group, a seventh loan from ALIDé. The previously received loans were well repaid.
About AlidéAlidé 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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid