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Léontine
Born around 1960 in Cotonou, Mrs. Léontine K. is the mother of four children, two of whom are at school in grades four and six. She lives in Xwlacodji, a busy neighborhood of Cotonou. Her husband, a rubber worker by profession, is often not up to meeting the family expenses. He therefore has to ask his wife on a regular basis to help make up the shortfall. His wife, who runs a peanut oil business, draws on all the family’s resources for the business and is in great need of our help to sustain her activity. This is also why she has been part of our institution for the last 10 years. For the renewal of her 12th loan, she is requesting the sum of CFA 100,000 to increase her level of activity.

Translated from French by Sarah Llewellyn, Kiva Volunteer.


Née vers les années 1960 à COTONOU ,dame K. Léontine est mère de 4 enfants dont 2 sont scolarisés et respectivement en classe de CMI et de 6è. Elle réside à Xwlacodji, un quartier populaire de Cotonou . Son mari, vulcanisateur de profession n’est pas souvent à la hauteur des charges familiales. Il est donc obligeé de solliciter régulièrement l’aide de sa femme pour le complément. Cette dernière exerçant le commerce d’huile d'arachide puise toute la ressource familiale dans cette activité et a fortement besoin de notre soutien pour péréniser son activité. C’est ce qui justifie d’ailleurs sa présence dans notre institution depuis 10 ans. Pour le renouvelement de son douzième crédit, elle sollicite un montant de 100 000 pour augmenter le niveau de son activité.

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

Success!! The loan was 100% repaid

A loan of $250 helped Léontine to buy two casks of peanut oil.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 10, 2008
Listed
Jun 25, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009