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Daniel
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 in seven different locations in and around Cotonou to ensure that those who need help can help themselves through small loans.


Daniel A. is a part of the Nonvignon group along with his wife, Elizabeth Houindoedji. They live in a small house near the lake with their four children. Eight years ago he left his job as a chief cook, and has since taken up fishing. Daniel fishes with his trusty net, oar, and basket. Daniel sells Sorabi (Beninese liquor) and assorted items along with his fish.


Daniel has been with Kiva for about four years. With his current loan, he will buy nets, fishing rods, and Sorabi.

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
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Daniel purchase of nets, fishing rods, and Sorabi liquor.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 22, 2008
Listed
Dec 9, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009