Jérémie, the group's representative, is married to a retailer named Nathalie with whom he has three children who currently all go to school.
Jérémie has been working as a welder, from home, for almost ten years. His customers appreciate his promptness and efficiency. This second loan will help him to update his equipment in order to better meet customers' demand. He will use his share of the loan (180,000 CFA francs) to buy a new drill and a portable welding machine.
Jérémie is a good father who wishes to save his profits in order to buy a plot of land for his children.
Jérémie, le représentant, est marié avec Nathalie, une commerçante, avec laquelle il a eu 3 enfants qui sont actuellement tous scolarisés.
Il exerce le métier de soudeur à son domicile depuis près de 10 ans et est reconnu par ses clients pour sa rapidité et son efficacité.
Aujourd'hui, il demande un second prêt afin de renforcer ses équipements pour mieux répondre au demande de ses clients. Avec les 180,000 CFA il achètera une nouvelle perceuse ainsi qu'un poste portatif de soudure.
En bon père de famille, il souhaite conserver ses bénéfices afin d'acheter une parcelle pour ses enfants.
About AlidéAlidé 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.
This is a Group Loan
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Success!! The loan was 100% repaid