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Rosine
Rosine L. was born on January 1, 1980 in Ghana. Married to Pierre DOSSOUGOUIN, a welder by profession, she is the mother of two children, who are both in school, in the 6th grade and in kindergarten, respectively. Trained as a master hairdresser, Ms. Rosine L. used to practice her trade in a shop in Xwlacodji behind the public primary school in that area, and she used to market cosmetics there, too. But with the rarity of customers, she dedicated herself much more to selling these cosmetic products and moved towards the downtown, in the Sikècodji district, while still marketing cosmetics. To do so, she came to apply for an initial loan of 30,000 francs CFA enabling her to stock enough supplies. It was a very profitable experience because her capital accrued and the demand grew, such that she lacked, due to means, the merchandise to meet the demand. The profit that she earns from this business enables her to support her family. One loan after another, since the demand is ever-growing, she is presently requesting her fifth loan in the amount of 180,000 francs CFA in order to achieve these objectives.

Translated from French by Daniel Kuey, Kiva volunteer



L. Rosine est née le 1er janvier 1980 au GHANA. Mariée à DOSSOUGOUIN Pierre, soudeur de profession, elle est mère de deux enfants tous scolarisés respectivement en classe de 6ème et à la maternelle. Maîtresse coiffeuse de formation, dame L. Rosine exerçait dans son atelier à Xwlacodji derrière l’école primaire publique de ladite zone et y commercialisait aussi des produits cosmétiques. Mais avec la rareté de la clientèle, elle se consacrait beaucoup plus à la vente de ces produits et déménagea vers le centre ville au quartier Sikècodji menant toujours la vente des produits cosmétiques. Pour ce faire, elle vint contracter un premier prêt de 30.000fcfa qui lui permis de s’approvisionner suffisamment. L’expérience fut très profitable car son capital s’est accru et la demande grandissante à tel point qu’elle manquait, faute de moyens, de produits pour leur satisfaction. Les bénéfices qu’elle tire de cette activité, lui permettent d’apporter un appui à la famille. De prêt en prêt, puisque la demande ne cesse d’accroître, elle sollicite actuellement pour son 5ème prêt un montant de 180.000fcfa afin d’atteindre ces objectifs.

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
  • 419.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Rosine to buy 10 dozen hair extensions and 3 boxes of beauty products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 13, 2008
Listed
Jun 25, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009