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Solange
Solange is 30 years old and lives in Benin. She dropped out of secondary school. She is unmarried but has two children to support. One of the children is her own. Her child is in school. Solange lives alone with her children and ensures by herself that the diverse household expenses are covered.

To meet her diverse needs and those of her children, Solange has been selling corn out of her home and via the distribution system for two years. Secondarily, she sells charcoal. She gets her supplies from a region in Benin. Thanks to the revenues her business generates, Solange helps cover the different household expenses. To satisfy the needs of her burgeoning customer base, she is requesting a loan from ALIDé for the first time.
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Solange est âgée de 30 ans et vit au Bénin. Solange a arrêté l’école au niveau secondaire. Solange est célibataire mais a deux enfants à charge dont un constitue son propre enfant. L’enfant de Solange est scolarisé. Solange vit seule avec ses enfants et assure seule les diverses charges de la maison. Pour répondre à ses divers besoins et à ceux de ses enfants, Solange vend du maïs et du charbon de bois de façon secondaire à son domicile et par le système de distribution depuis deux ans. Solange s’approvisionne dans une région du Bénin. Grâce aux revenus que lui génère son activité, Solange contribue aux différentes dépenses de sa maison. Pour satisfaire aux besoins de sa clientèle de plus en plus grandissante, Solange sollicite pour une première fois un 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 529.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Solange to buy sacks of corn and charcoal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Aug 11, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013