Check out some available loans that are similar to this one!
Assogba
Assogba is 38 years old and lives in Benin. He is married to a merchant named Léa. The couple has three children, all of whom attend school. Together, Assogba and Léa care for their children and pay for all of the household expenses. Assogba has been running his hairdressing business in his region for fifteen years. Assogba purchases his supplies from merchants in his region as well. His hairdressing business is what allows Assogba to be able to pay for his share of the various family expenses.

Assogba is currently seeking his third loan from Alidé, his first two loans having been repaid in full. He plans to use this loan to purchase hair-cutting supplies. This will allow him to increase the level of customer satisfaction for his clientele. The loan will certainly help Assgoba to gain more business as a hairdresser, and thus earn more income.
View original language description ↓
Assogba est âgé de 38 ans et vit au Bénin. Assogba est marié à une marchande du nom de Léa. Le couple a trois enfants tous scolarisés. Assogba 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, Assogba mène comme activité depuis une quinzaine d’année, la coiffure dans sa région. Assogba s’approvisionne dans sa région. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Assogba 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 premiers prêts ont été bien remboursés.

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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Assogba to buy scissors and clippers for his hairdressing business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2013