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Abdou Fataï Olayidé
Abdou Fataï Olayidé is 46 years old and lives in Benin. He attended primary school and quit to learn the trade of mechanic. He also sells spare parts as a sideline, which allows him to support himself. He is married to a woman named Raya. The couple have six children, all in school. They also have two other dependent children. Abdou Fataï Olayidé lives with his wife and children, and the couple handle together the various household expenses.

Abdou Fataï Olayidé has been a mechanic for about 31 years. He gets his supplies in Nigeria, sometimes in Benin. In order to meet the needs of a growing customer base, he is seeking a third loan from ALIDé. Both previous loans were correctly repaid.
Abdou Fataï Olayidé est âgée de 46 ans et vit au Bénin. Abdou Fataï Olayidé a arrêté l'école au niveau primaire et a appris le métier de mécanicien. Parallèlement à cette activité, Abdou Fataï Olayidé vend des pièces de rechange ; ce qui lui procure des revenus l'aidant à subvenir à ses besoins. Abdou Fataï Olayidé est marié à Raya. Le couple a six enfants, tous scolarisés. En dehors de leurs enfants, le couple a deux autres enfants à leur charge. Abdou Fataï Olayidé vit ensemble avec sa femme et ses enfants. Le couple assure ensemble les diverses charges de la maison. Il y a environs trente et un ans que Abdou Fataï Olayidé exerce le métier de mécanicien. Abdou Fataï Olayidé s’approvisionne au Nigeria et parfois au Benin. Pour répondre aux besoins de sa clientèle de plus en plus grandissante, Abdou Fataï Olayidé sollicite pour une troisième fois un crédit auprès de ALIDé. Les deux crédits reçus antérieurement par Abdou Fataï Olayidé 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
  • 495.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Abdou Fataï Olayidé to buy spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Feb 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 29, 2013