M. Teagbanlin was born in Ouidah in 1970. She married Wassi Adeagan and has 3 children, 2 in school. She has worked selling scrap metal for the past 3 years and lived in Midombo for 3 years. She is now applying for a second loan to buy more stocks of scrap metal.
Née à Ouidah vers 1970, elle est mariée à ADEAGAN Wassi (commerçant). Mère de 03 enfants dont 02 en apprentissage et un scolarisé, elle mène cette activité depuis 03 ans et réside à Midombo depuis 03 ans. Avec le premier crédit où elle a vu son activité accroître, elle sollicite un crédit de 150000 pour satisfaire à la demande de plus en plus croissante de sa clientèle.
Alidé means “another path always exists for the most poor” in Fon, the principal tribal language of Cotonou, Benin. Benin is a small country in West Africa sandwiched between Togo and Nigeria. GDP per capita stands at $1,500 and poverty is endemic to the capital city of Cotonou. Alidé operates seven different locations in and around Cotonou to ensure that those who need help can help themselves through small loans.
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.