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Waliou Olakorédé
Waliou Olakorédé is 57 years old and lives in Benin. Waliou Olakorédé is married to Moudjibath. The couple has five children, some of whom attend school; all of those attending school are in the couple's care. In addition to their own children, the couple cares for another child. Waliou Olakorédé lives together with his wife and children, and together he and his wife see to the household expenses.

In order to see to the family's various expenses, Waliou Olakorédé has been working as a miller for some 20 years. With the goal of customer satisfaction and an increase in his revenue, Waliou Olakorédé is seeking his fifth loan from Alidé. This loan will allow him to purchase a corn mill to improve his equipment in order to expand his business and to turn a greater profit. The preceding loans have been properly repaid.
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Waliou Olakorédé est âgé de 57 ans et vit au Bénin. Waliou Olakorédé est marié à un certain Moudjibath. Le couple a cinq enfants dont certains scolarisés et tous scolarisés à leur charge. En plus de leurs enfants, le couple a un autre enfant à charge. Waliou Olakorédé 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, Waliou Olakorédé mène comme activité depuis une vingtaine d’année, la profession de meunier. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Waliou Olakorédé sollicite pour la cinquième fois, un crédit auprès de ALIDé. Ce prêt lui permettra de prendre un moulin à maïs pour renforcer ses équipements en vue 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
  • 515.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Waliou Olakorédé to purchase a corn mill.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 19, 2013