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Waliou Olakorédé
Waliou Olakorédé, aged 58, is married to a merchant named Moudjibath. The couple have two children, both in school and in their care. Waliou Olakorédé has had little schooling. He lives with his wife and children. The household expenses are covered by the couple. For fourteen years, he has been making furniture. This business enables him to meet his needs and to ensure the family expenses are covered. With the goal of bolstering his business by purchasing spare parts, Waliou Olakorédé is requesting financial support from ALIDé for a sixth time. The previous loans were indeed paid back.
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Waliou Olakorédé âgé de 58 ans, est marié à une marchande nommée Moudjibath. Le couple a deux enfants, tous scolarisés et à leur charge. Waliou Olakorédé a très peu fréquenté l'école. Waliou Olakorédé vit avec sa femme et ses enfants. Les charges de la maison sont supportées par le couple. Depuis quatorze ans, Waliou Olakorédé est meunier. Cette activité lui permet de faire face à ses besoins et d'assurer les charges de sa famille. Dans le but de renforcer son activité par l'achat de pièces de rechange, Waliou Olakorédé sollicite pour la sixième fois, l'appui financier de ALIDé. Les prêts antérieurs ont été bien remboursés.

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.

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About Benin

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 475.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Waliou Olakorédé to purchase spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014