Séraphin is 33 years of age, and lives in Benin. He did not attend school for very long, and is now married to a woman called Madeleine. The couple has four dependent children, some of whom are at school. One of these children is not the couple’s own.
Séraphin lives with his wife and children, and together with his wife ensures that the household expenses are covered. To provide for his family, Séraphin has worked in sewing for about 10 years. He also works selling palm nuts in his region, and buys his supplies in the same region.
In order to satisfy his customers and expand his sales and income, Séraphin has requested his third loan from Alidé. This loan will allow him to increase his business levels and make more profits. His first two loans were successfully repaid.
Séraphin est âgé de 33 ans et vit au Bénin. Séraphin a très peu fréquenté l’école. Séraphin est marié à un certain Madeleine. Le couple a quatre enfants à leur charge, dont certains scolarisés. Parmi les enfants, il y a un qui n’est pas leur propre enfant. Séraphin vit ensemble avec sa femme et ses enfants et assure ensemble avec sa femme, les charges de la maison. Afin d’assurer les diverses charges de la famille, Séraphin mène comme activité depuis une dizaine d’année, la couture. Parallèlement à cette activité, Séraphin vend des noix de palme dans sa région. Séraphin s’approvisionne dans sa région. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Séraphin sollicite pour la troisième fois, un crédit auprès de ALIDé. Ce prêt lui permettra certainement de rehausser le niveau de son activité et de se faire plus de profits. Les deux premiers prêts 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.