Check out some available loans that are similar to this one!
Assiba
Having roots in Ketou, a small village in Sèmè Podji County (located 10 km from the city of Porto-Novo, the political capital of BENIN), Ms. D. Assiba, age 65, is married to Mr. ATALE Léonel, a house painter by profession. Assiba is the mother of six children, all of age. She lives in Cotonou in the AGBODJEDO district, where she used to sell smoked fish ten years ago. But five years ago, she dropped that business in favor of retail sales in beans and sodabi, a local alcoholic drink that is highly appreciated by the people of Benin. Her potential customers are restauranteurs to whom Assiba makes deliveries, especially this drink. She regularly goes to get supplies from inland villages of Benin. Today, she supports two of her grand-daughters and spends 1,500 francs on average each day to feed her family. The market demand for her merchandise is very strong. That’s why she’s requesting a third loan, so as to bolster her business.

Alidé means “there is always a path for the poorest” in Benin’s local language of Fon. Benin is a small West African country located next to Nigeria and has a per capita GDP of $1,500. Alidé offers special loans to highly vulnerable people at an interest rate of 0%. It is part of a group that is soon launching a micro health insurance program for its clients.
View original language description ↓
Originaire de Ketou un petit village du département de Sèmè Podji situé à 10 Km de la ville de Porto-Novo la capitale politique du BENIN. D. Assiba est agée de 65 ans. Mariée à ATALE Léonel un peintre bâtiment de profession, Assiba est mère de 6 enfants tous majeurs. Assiba vit à Cotonou au quartier AGBODJEDO où elle vendait il y a 10 ans du poisson fumé. Mais depuis 5 ans maintenant Assiba a laissé cette activité au profit de la vente du haricot en détail et du sodabi, une boisson locale alcoolisée et très appréciée du peuple béninois. Ses clients potentiels sont les restaurateurs à qui Assiba livre surtout cette boisson. Assiba va régulièrement s'approvisionner dans les villages à l'interieur du Bénin. Aujourd'hui Assiba a deux de ses petits fils à sa charge et elle dépense en moyenne 1500 F par jour pour nourrir sa famille. La demande de ses produits est très forte sur le marché. C'est pourquoi D. Assiba demande un troisième crédit pour renforcer ses activités.


La signification de ALIDé en langue locale du Bénin, le Fon, est « un chemin existe toujours pour les plus pauvres ». Le Bénin est un petit pays de l’Afrique de l’Ouest à coté du Nigeria où le PIB par habitant est à $1,500. ALIDé offre les prêts spéciaux de 0% d’intérêt aux personnes très vulnérables et elle est dans un groupe qui lance bientôt un programme de la micro-assurance santé pour ses clients.


i

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
  • 512.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Assiba to buy two 50-kg sacks of beans and a 50-liter drum of sodabi.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 26, 2009
Listed
Mar 12, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009