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Paul
Born around 1956 in the district of Kessounou in the town of Dangbo, Mr. Paul H. is married and the father of 8 children, of whom six are attending school. He is a farmer in the village of Glahounsa in the valley of the Ouémé River and a member of the GH Missimahou group of Glahounsa.



The inhabitants of this village work as farmers when the Ouémé River is low. Their land is rich and gives them a good harvest. Their principal crops are maize (corn), hot peppers, vegetables, okra, tomatoes, and manioc. The problem for these people who dwell along the river is that when the river is in flood, they have no more work and spend all the money they earned during the last farming season on foodstuffs. When the waters recede, they have no money left to pay laborers who are indispensible to them in sowing their land.



The custom of borrowing against the new harvest does not make them more secure and indeed leaves them worse off. They sell their future harvest at a laughable price to weathier persons so that they have the cash needed to do their farming. Weary of this practice, Paul H. has requested a loan of 190,000 F CFA which will allow him to farm about 2 hectares, growing the aforementioned crops.

View original language description ↓
Né vers 1956 dans l’arrondissement de KESSOUNOU de la commune de DANGBO, monsieur H. Paul est marié et père de 8 enfants dont 6 scolarisés. Il est un cultivateur dans le village de GLAHOUNSA de la vallée de l’Ouémé et est membre du groupement GM SENABLO DE GLAHOUNSA. Les habitants de ce village font les travaux champêtres à la décrue du fleuve ouémé. Leurs terres sont riches et les offrent un bon rendement. Leurs spéculations principales sont la culture du maïs, du piment, des légumes, du gombo, de la tomate et du manioc qui sont des aliments de grande consommation au Bénin. Le problème de ces habitants riverains du fleuve est que, en période de crue, ils n’ont plus d’activité et dépensent tout le revenu issu de la campagne écoulée à la consommation. A la décrue ils n’ont plus d’argent pour payer la main d’œuvre indispensable pour emblaver la superficie à eux disponible. La pratique dans le milieu qui consiste au bradage des récoltes ne les sécurise pas et les runes d’avantage. Cette pratique est la vente à un prix dérisoire de la récolte future à un nanti pour disposer de la somme nécessaire aux travaux champêtres. Fatigués de cette pratique il a sollicité un prêt de 190 000 FCFA pour l’exploitation d’environ 2hectares des spéculations susse indiquées.

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 $375 helped Paul cultivating 2 hectares in corn (maize) and hot peppers.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 22, 2008
Listed
Dec 11, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2009