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Mathias
A native of Porto-Novo, the political capital of Benin, Mathias K. was born in Adjohounn on July 29, 1978. He is married to Rose Hounnou, who has given him two children, a son and a daughter. The eldest girl is in pre-school, while the youngest boy is not yet school age. Mathias is a carpenter by trade. He has his workshop in Midombo, an area on the outskirts of the city of Cotonou, where he manufactures and sells furniture of all sorts. He goes to Savè or Parakou, two towns in northern Benin, to buy wood, the primary material with which he works. The loan he is now seeking will be Mathias’ third.
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Originaire de Porto-Novo le capital politique du BENIN, monsieur K. Mathias est né à Adjohounn le 29 Juillet 1978. Il est marié à HOUNNOU Rose qui lui a fait deux enfants de sexe différent. L’aînée est au CI et le benjamin n’a pas encore l’âge d’être scolarisé. Il est menuisier de profession. Il a son atelier de menuiserie à Midombo un quartier périphérique de la ville de Cotonou où il fabrique et vend des meubles de toute sorte. Il va acheter le bois (principale matière première qui rentre dans ses fabrications) à Savè ou Parakou deux villes du nord BENIN. Il est à son troisième crédit et sollicite maintenent un crédit.

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

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 489.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Mathias purchase of wood and hardware.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 26, 2009
Listed
Jan 13, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010