Lawrence is 29 years old and lives in Benin. He is married to Yvette. The couple has three children under their care, of whom two are their own children. Some of the children are in school. The children live with their parents, and the couple shares responsibility for all the various household expenses.
To contribute to the family's diverse needs, Lawrence processes palm nuts and secondarily sells firewood and livestock. He has done this for the past seven years in Nigeria. Lawrence resupplies in different regions within Benin. With the income generated by his business, Lawrence contributes to various expenses of his family.
To meet the needs of an increasing number of customers, Lawrence is requesting a second loan from ALIDé. The first loan was repaid in full.
Laurent est âgé de 29 ans et vit au Bénin. Laurent est marié à Yvette. Le couple a trois enfants à leur charge dont deux sont leurs propres enfants. Certains enfants sont scolarisés. Les enfants vivent ensemble avec leurs parents. Le couple assure ensemble les diverses charges de la maison. Pour contribuer aux divers besoins de la famille, Laurent fait la transformation de noix de palme et vend aussi de façon secondaire de bois de chauffage et de l’élevage depuis sept ans au Nigeria. Laurent s’approvisionne dans des régions du Benin. Grâce au revenu que lui génèrent ses activités, Laurent contribue aux différentes dépenses de sa famille. Pour satisfaire aux besoins de sa clientèle de plus en plus grandissante, Laurent sollicite un deuxième crédit auprès de ALIDé. Le premier crédit a été bien remboursé.
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.