Joseph, aged 57, lives in Benin. He dropped out of secondary school. He is married to a woman named Louise. The couple have eight children, all educated, of whom five still remain in their care. Joseph lives together with his children and wife. Together with her, he ensures that the different household needs are met.
Joseph has been running a business processing palm nuts for about fifteen years, and he operates in his home. It brings in significant revenues. In addition to this business, Joseph sells drinks. His customer base grows bigger and bigger. To perfect his business and to be competitive in the market, Joseph would like to expand his business. He gets his supplies in his region.
Seeking to satisfy his customers and to increase his sales and revenues, Joseph is requesting financial support for the sixth time from ALIDé. The five loans received previously were indeed paid back.
Âgé de 57 ans, Joseph vit au Bénin et a arrêté l’école au niveau secondaire. Joseph est marié à un certain Louise. Le couple a huit enfants tous scolarisés dont cinq restent à leur charge. Joseph vit ensemble avec ses enfants et sa femme et assure ensemble avec sa femme les différents besoins du ménage. Joseph mène l'activité de transformation des noix de palme, activité qu’il exerce depuis quinze ans à son domicile et qui lui procure des revenus non négligeables. En plus de cette activité, Joseph vend des boissons. La clientèle de Joseph devient de plus en plus grandissante. Afin de perfectionner son activité et d’être plus compétitif sur le marché, Joseph désire agrandir son activité. Joseph s'approvisionne dans sa région. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d'affaire et son revenu, Joseph sollicite une sixième fois l’appui financier de ALIDé. Les cinq 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.