Dossou Frédéric is 39 years old and lives in Benin. He is married to a merchant named Claudine. The couple have four children, not all in school but all in their care. In addition to these children, the couple have one other child to support. Dossou Frédéric lives together with his wife and his children and, along with his wife, jointly ensures that household expenses are covered.
To make sure the diverse family expenses are met, Dossou Frédéric has been running a business selling clothing in his shop for about ten years. Parallel to this business, he sells vegetable oil. He gets his supplies from regions in Benin.
Seeking to satisfy his customers and to increase his sales and revenues, Dossou Frédéric is requesting a loan from ALIDé for a fourth time. This loan will surely enable him to boost his business and to make more profit. The previous loans were indeed paid back.
Dossou Frédéric est âgé de 39 ans et vit au Bénin. Dossou Frédéric est marié à une marchande du nom de Claudine. Le couple a quatre enfants dont certains scolarisés et tous à leur charge. En plus de leurs enfants, le couple a un autre enfant à charge. Dossou Frédéric 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, Dossou Frédéric mène comme activité depuis une dizaine d’année, la couture dans son atelier. Parallèlement à cette activité, Dossou Frédéric vend de l’huile végétale. Dossou Frédéric s’approvisionne dans des régions du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Dossou Frédéric sollicite pour la quatrième 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 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.