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Oké Louis
Oké Louis, age 34, is married to a reseller named Julienne. They have four children, some of whom go school. Oké Louis himself received minimal schooling. He lives with his wife and their children, and the couple handle the various household expenses together. To that end, Oké Louis has been selling planks and various lumber locally for four years. He buys his stock in another region of Bénin.

To meet customer demand, Oké Louis is seeking a second loan from ALIDé. The previous loan was correctly repaid.
Oké Louis âgé de 34 ans est marié à une marchande du nom de Julienne. Le couple a quatre enfants, dont certains scolarisés. Oké Louis vit ensemble avec sa femme et ses enfants. Oké Louis a très peu fréquenté l'école. Le couple assure ensemble les diverses charges du ménage. C'est pour cette raison que Oké Louis vend des madriers et des bois dans sa région depuis quatre ans. Oké Louis s'approvisionne dans une autre région du Bénin. Dans le but de satisfaire la demande de sa clientèle, Oké Louis sollicite pour la deuxième fois, l'appui financier de ALIDé. Le prêt antérieur a été bien remboursé.

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
  • 498.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Oké Louis to buy planks and other lumber.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2014