Check out some available loans that are similar to this one!
Jules Sètondji
Jules Sètondji is 40 years old and married to Noëllie, a retailer. The couple have six children, not all in school. Among the children, four are in the couple's care. Jules Sètondji and his wife live in the same house with their children. The couple jointly ensure that the family expenses are covered.

Having had little schooling, Jules Sètondji learned how to sew. In his workshop, he also sells sewing supplies. He has been working at this trade for about twenty years, and this enables him to meet family needs without much difficulty.

To respond to the requirements of his customers, Jules Sètondji would like to purchase an overcasting machine. He gets his supplies from a market in Benin and from Nigeria. This is the second time that he has asked for financial aid from ALIDé. It will surely allow him to boost his business and to increase his customer base, as well as his income.
View original language description ↓
Jules Sètondji est âgé de 40 ans et est marié à Noëllie une revendeuse. Le couple a six enfants, dont certains sont scolarisés. Parmi les enfants, quatre sont à la charge du couple. Jules Sètondji et sa femme vivent dans la même maison avec leurs enfants. Le couple assure ensemble les charges de la famille. Jules Sètondji a peu fréquenté l’école, et appris la couture. Dans son atelier, Jules Sètondji vend également des produits de mercerie. Jules Sètondji exerce ce métier depuis une vingtaine d'année, ce qui lui permet de répondre sans grande difficulté aux besoins de sa famille. Afin de répondre aux exigences de sa clientèle, Jules Sètondji désire acheter une machine à surfiler. Jules Sètondji s’approvisionne dans un marché du Bénin et au Nigéria. C’est la deuxième fois que Jules Sètondji demande l’appui financier de ALIDé. Ceci lui permettra certainement de rehausser le niveau de son activité, d’accroître sa clientèle et son revenu.

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
  • 510.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Jules Sètondji to purchase a sewing machine for overcasting stitches.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2014