Sègbégnon Michel is 48 years of age, and is married to a trader called Cécile. The couple has six children, some at school and all under their care. In addition to their own children, the couple also has another child under its care.
Sègbégnon Michel lives with his wife and children and, together with his wife, ensures that the family’s various expenses are covered. He did not go to school, but learned the welding trade, and has worked as a welder in his own workshop in Benin for almost 20 years.
Sègbégnon Michel gets his supplies in Nigeria. In order to meet his customers’ needs and increase his income, Sègbégnon Michel has requested a fourth loan from Alidé. His three previous loans were repaid successfully.
Sègbégnon Michel est âgé de 48 ans et est marié à une marchande du nom de Cécile. Le couple a six enfants, dont certains scolarisés et tous à leur charge. En plus de leurs enfants, le couple a un autre enfant à charge. Sègbégnon Michel vit ensemble avec sa femme et ses enfants et assure ensemble avec sa femme les diverses charges de la famille. Sègbégnon Michel n’a pas fréquenté l’école mais a appris la soudure. Il y a près de vingt deux ans que Sègbégnon Michel exerce cette activité dans son atelier au Bénin. Sègbégnon Michel s'approvisionne au Nigeria. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d'affaire, Sègbégnon Michel sollicite une quatrième fois l’appui financier de ALIDé. Les trois crédits reçus antérieurement 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.