Louise opened her own workshop and plied her trade for three years before beginning to sell maize, red palm oil, and cereals. For 12 years now, she has been selling fresh eggs and articles on deep discount: plates, cups, etc. She is requesting this third loan of 150,000 F CFA with a term of 10 months to bolster her little business. Married to Martin Tossou, a shoemaker, she has no children.
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