Check out some available loans that are similar to this one!
Louise

Mrs. Louise K. is 28 years old and was born in Sahouè in the COUFFO department in the southwest BENIN. Married to a carpenter, she is the mother of 2 children : Claude, who is 7 years old and in class CP (equivalent to 1st grade), and Narcisse, who is 10 months old. She has run a business selling ready-to-eat meals for more than 3 years. She does not have any formal job training, but has devoted herself to this business, which provides her with more value. Currently, she is facing several financial difficulties in supplying herself with products, and she also envisions enlarging her array of goods. Faced with this situation, she is asking for her second loan, a sum of 100,000 francs, in order to better satisfy the demands of her clientele.

Translated from French by Vilas Menon, Kiva Volunteer



Agée de 28 ans dame K. Louise est née à Sahouè dans le département du COUFFO au sud-ouest du BENIN. Mariée à un menuisier, elle est mère de 02 enfants: Claude 07ans en classe de CP et Narcisse âgé de 10 mois. Elle exerce l'activité de vente de repas prêt à manger depuis plus de 03 ans. Elle n'a rien appris comme métier et s'est consacrée à cette activité qui lui procure de plus value. Actuellement, elle éprouve quelques difficultés financières pour l'approvisionnement de ses produits mais aussi, envisage-t-elle d'agrandir son étalage. Face à cette situation, elle sollicite pour son deuxième crédit une somme de 100 000 francs afin de satisfaire au mieux aux demandes de sa clientèle.

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
  • 414.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Louise to buy 2 bags of rice, 1 can of peanut oil, and 2 boxes of food paste.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 2, 2008
Listed
Jul 19, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009