Médéssè François is 33 years old and lives in Benin. He did not attend school. He is married to Justine, a retailer. They have five children in their care, some of whom go to school. Four of these children are their own children.
Médéssè François lives with his wife and children and takes care of the household expenses with his wife. To cover the various family expenses, he has been working as a mechanic for about ten years, in his own shop. Additionally, he sells spare parts and lubricants. He stocks up in one of the cities of Benin.
In order to satisfy the needs of his customers, and to increase his turnover and income, he is requesting his first loan from ALIDé. This loan will surely help him to boost the level of his activity and to increase his profits.
Médéssè François est âgé de 33 ans et vit au Bénin. Médéssè François n’a pas fréquenté l’école. Médéssè François est marié à Justine, une marchande. Le couple a cinq enfants à leur charge, dont certains scolarisés. Parmi les enfants, quatre sont leurs propres enfants. Médéssè François 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, Médéssè François mène comme activité depuis une dizaine d’année, la mécanique dans son atelier. Parallèlement à cette activité, Médéssè François vend des pièces détachées et des lubrifiants. Médéssè François s’approvisionne dans une ville du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Médéssè François sollicite pour la première 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.
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.