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Finangnon is 33 years old and lives in Benin. Finangnon is married to Cecile, a merchant. The couple has four children, all in their care. The couple lives together with their children and together takes care of the various household needs. In order to provide for the family's various expenses, Finangnon has sold sewing supplies and CDs for three years. Finangnon stocks up in Nigeria. In order to meet his customers' demands, and to increase his profits, Finangnon wants to increase his stock. To do this, Finangnon is asking for the first time for a loan from Alidé. This loan will certainly allow him to increase the level of his business and to make a higher profit.
Finangnon est âgé de 33 ans et vit au Bénin. Finangnon est marié à Cécile, une marchande. Le couple a quatre enfants, tous à leur charge. Le couple vit ensemble avec les enfants et assure ensemble les divers besoins besoins du ménage.Afin d’assurer les diverses charges de la famille, Finangnon mène comme activité depuis trois ans, la vente des fournitures de couture et des disques compact (CD). Finangnon s’approvisionne au Nigéria. Afin de satisfaire la demande de ses clients, et d’accroître son revenu, Finangnon désire augmenter le stock de ses produits. Pour ce faire, Finangnon 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.

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
  • 511.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD