Check out some available loans that are similar to this one!
Akovognon
Akovognon is 37 and lives in Benin. He learned the trade of embroidering and tailoring. He is married to a hairdresser named Emilienne. The couple are raising four children, of whom three are their biological children. Some of these children are enrolled in school.

Akovognon lives with his wife and children. The couple share in supporting their household. Akovognon has been working at tailoring and embroidery for about 11 years. This is what best allows him to cover the needs of his family. He buys his tailoring materials in Nigeria. Wishing to satisfy his clientele and also to obtain a new embroidery machine, Akovognon is requesting his first-ever loan from ALIDé.
View original language description ↓
Akovognon est âgé de 37 ans et vit au Benin. Akovognon a appris le métier de broderie et de couture. Akovognon est marié à une coiffeuse du nom de Emilienne. Le couple a quatre enfants à leur charge dont trois constituent leurs propres enfants. Parmi les enfants, certains sont scolarisés. Akovognon vit ensemble avec sa femme et ses enfants. Le couple assure ensemble les diverses charges de la maison. Il y a onze ans environs, Akovognon exerce l'activité de couture et de broderie ; ce qui lui permet de mieux répondre aux besoins de sa famille. Akovognon s’approvisionne en matériels de couture au Nigeria. Dans la quête de la satisfaction de sa clientèle et en vue d'acquérir une nouvelle machine à broder, Akovognon sollicite un premier crédit auprès de ALIDé.

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
  • 517.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Akovognon to buy an embroidery machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 21, 2013