Check out some available loans that are similar to this one!
Paul Loko
Paul Loko, age 57, lives in Benin. He never attended school. He is married to Mahoussi. The couple have seven children who have all received schooling.
Two of them are still in the couple’s care. To provide for the family’s needs, Paul Loko has been working as a grain miller from his home for about twenty years. He also sells bundles of wood as a secondary activity. He buys his stock in a region of Benin.

To achieve customer satisfaction, and to increase his sales and revenue, Paul Loko is seeking a fifth loan from ALIDé. This credit will help him to bolster his activity and income, which should result in a boost in profits. All past loans were correctly repaid
Paul Loko est âgé de 57 ans et vit au Bénin. Paul Loko n’a pas fréquenté l'école. Paul Loko est marié à un certain Mahoussi. Le couple a sept enfants tous scolarisés dont deux restent à leur charge. Afin d'assurer les diverses charges de la famille, Paul Loko mène comme activité, la profession de meunier depuis une vingtaine d'années à son domicile. De façon secondaire, Paul Loko vend des fagots de bois. Paul Loko s’approvisionne dans une région du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Paul Loko sollicite pour la cinquième fois, un crédit auprès de ALIDé. Ce prêt lui permettra certainement de rehausser le niveau de son activité et d'accroître son revenu en vue 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 515.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Paul Loko to buy bundles of wood for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 19, 2013