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Odette
Born in Savalou, in the Collines region in the center of Bénin, Ms. Odette Y. is a native of the same town. She is over 33 years old and married to Norbert Agbloba, who is employed as a time-keeper by a longshoring company. She has four children, including Euloge, the eldest, who is in the 8th grade. Ms. Odette Y. is a retailer of cassava flour, corn, and vegetable oil. She has been in this business for fifteen years. She buys her merchandise wholesale and sells it retail, on credit, collecting payment every two weeks or so. To strengthen her business, she is thinking about adding millet to her sales. To pursue this path, she is requesting this third loan of 100,000 francs CFA.
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Née à Savalou dans les Collines au centre du Bénin, dame Y. Odette est originaire de la même ville. Elle a 33 ans révolus et est mariée à Agbloba Norbert, employé comme pointeur par une société de manutention portuaire. Elle a quatre enfants dont Euloge, l'aîné, est en classe se quatrième au cours secondaire. Dame Y. Odette est revendeuse de farine de manioc, de maïs et d'huile végétale. Elle mène cette activité depuis 15 ans. Elle achète en gros ses marchandises qu'elle revend au détail et à crédit à sa clientèle, puis elle récupère ses fonds par quinzaine. Pour consolider son activité, elle songe à y ajouter la vente de mil. C'est dans ce sens qu'elle sollicite ce troisième prêt de 100000 F CFA.

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
  • 458.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Odette to buy 4 sacs of millet and 5 basins of cassava flour.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 5, 2008
Listed
Sep 21, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009