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Lucienne
Born in the 1980s in Cotonou, in the south of Benin, Ms. Lucienne T. sells local and imported drinks and various products in the second largest car park in Cotonou. Ms. Lucienne T. sells an estimated 70 crates of drinks and 200 cans of food and other products each month. However, the monthly demand for her products currently exceeds 150 crates of drinks and 400 cans of food and other products. As she is lacking in means, she is requesting this loan to buy the necessary supplies in order to meet demand.

Translated from French by Kristina Jackson, Kiva Volunteer.



Née à COTONOU dans les années 1980 au sud du BENIN, Demoiselle T. Lucienne est une revendeuse de boissons locales, importées et de différents produits divers dans le deuxième plus grand parc automobile de Cotonou. La vente mensuelle de demoiselle T. Lucienne est estimée à 70 casiers de boissons,200 boîtes de conserve et autres. Actuellement la demande mensuelle de sa clientèle dépasse largement 150 casiers, 400 boîtes de conserve et autres. Les moyens n’étant pas au rendez vous elle sollicite alors ce prêt pour s’approvisionner afin de répondre aux attentes de sa clientèle.

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
  • 426.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Lucienne purchase of 80 crates of drinks, 200 cans of food and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 25, 2008
Listed
Mar 10, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009