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Gilles
Born July 21st, 1969 in Cotonou in the south of Benin, Mr. Gilles A. is married and the father of two children. He was a teacher in several primary schools in Cotonou before starting to sell herbal (medicinal) teas, recipes for which he learned from a young age from his mother. Located near Dantokpa market, he gets supplies from Hevie and Porto Novo. According to his statements, his daily sales are estimated at 20,000 francs. Demand is becoming greater, thus he is seeking a third loan to stock more supplies in order to meet the demand of his customers.

Translated from French by Liana Bianchi, Kiva Volunteer.


Né le 21 juillet 1969 à COTONOU dans le sud du BENIN, Monsieur A. Gilles est marié et père de 2 enfants à charge. Il a été instituteur dans plusieurs écoles primaires de COTONOU avant de se lancer dans la vente de tisane qu’il a apprise dès son bas âge auprès de sa maman. Installé près du marché DANTOKPA, il s’approvisionne notamment à HEVIE et PORTO NOVO. Son chiffre d’affaire journalier selon ses déclarations est estimé à 20 000 francs. La demande devenant de plus en plus croissante, il sollicite son troisième prêt pour pouvoir mieux s’approvisionner afin de faire face aux exigences 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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 427.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Gilles purchase of various medicinal leaves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 4, 2008
Listed
Mar 21, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009