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Paul
Born in 1973 in Porto-Novo, Mr. M. Paul resides in the 3rd district of the city of Porto-Novo, the administrative and political capital of Bénin. He is the father of three children, who are all in school. Paul is an electronics technician, which has become his principal work. This business of his brings in the revenues that help him to earn a living. Electronics being a business requiring significant means, he lacks enough funds for allowing him to satisfy the large number of customers and for earning enough to meet his various responsibilities. Thus, to make his workshop successful, he's requesting a loan.


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 recipients of micro-loans.

View original language description ↓
Né en 1973 à Porto-Novo, M. Paul réside dans le 3e arrondissement de la ville de Porto-Novo, capitale administrative et politique-Porto Novo-du Bénin. M. Paul est père de trois (03) enfants tous scolarisés. M. Paul est un technicien en électronique et en a fait son activité principale. Cette activité lui procure de revenu l’aidant à gagner sa vie. L’électronique étant une activité qui nécessite de grands moyens, M. Paul ne dispose pas assez de fonds pouvant lui permettre de satisfaire le grand nombre de clients et se faire plus de revenus à la hauteur de ses différentes charges. C’est donc pour rendre plus performant son atelier qu’il sollicite un crédit.


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 les bénéficiaires de micro 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
  • 508.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Paul to buy electronic equipment and supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 27, 2009
Listed
Mar 14, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010