He works his field after the river waters recede. His primary activity is growing maize (corn), niébé (cowpeas), vegetables, okra, and tomatoes. In general the population works growing market gardens after the river waters recede and during the rainy season.
The local practice of selling off crops before the harvest does not provide them with security, on the contrary, it bankrupts them. This practice involves selling the future harvest at rock-bottom prices to an affluent person to get hold of the money required for farming. Tired of this practice, he has asked for a loan of 190,000 FCFA to farm about 1.5 hectares of the aforementioned crops.
About AlidéAlidé 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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Success!! The loan was 100% repaid