Finagnon Jean is 49 years old and lives in Benin. He is married to a seller named Houévoh. Finagnon Jean only went to school for a very short period of time, then learned to become a metal scrap dealer. He and his wife have seven children whom they financially support. Some of his children are in school. The couple jointly takes care of the household expenses.
In order to cover his various expenses, Finagnon Jean has been working as a metal scrap dealer for about thirty years. This activity allows him to provide for himself and his children.
In order to upgrade the equipment in his shop, Finagnon Jean would like to purchase some shears, rods and hammers. This will allow him to efficiently meet the needs of his customers. For this reason, Finagnon Jean is requesting a third loan from ALIDé. His previous two loans were well repaid.
Finagnon Jean est âgé de 49 ans et vit au Bénin. Finagnon Jean est marié à une marchande du nom de Houévoh. Finagnon Jean a très peu fréquenté l'école, puis a appris le métier de ferrailleur. Le couple a sept enfants, dont certains sont scolarisés, et tous à leur charge. Finagnon Jean et sa femme assurent ensemble les diverses charges de la maison. Pour faire face à ses différentes charges, Finagnon Jean exerce le métier de ferrailleur depuis trente ans environs. Cette activité lui permet ainsi de satisfaire aux besoins de ses enfants et de subvenir à ses besoins. Finagnon Jean désire mieux équiper son atelier par l’acquisition de cisailles, rails et marteaux ; ce qui lui permettra de répondre efficacement aux exigences de sa clientèle. Pour cette raison, Finagnon Jean sollicite pour la troisième fois un crédit auprès de ALIDé. Les deux premiers crédits ont été bien remboursés.
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.