Check out some available loans that are similar to this one!
Charles
Born in 1970 in Bonou, Mr. Z. Charles resides in Porto-Novo, the administrative and political capital of Bénin. He is the father of two children who are both in school. Charles is an electronics technician and has made this trade his principal work. It brings in the revenues that help him to earn his living. Since electronics is a field requiring significant means, he lacks enough funds for buying the equipment enabling him to make his workshop competitive, so as to do well in satisfying the large number of customers he has. He also lacks the funds for earning enough to meet his various responsibilities. To make his workshop more competitive, 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 micro-loan recipients.

View original language description ↓
Né en 1970 à Bonou, Z. Charles réside dans le 3e arrondissement de la ville de Porto-Novo, capitale administrative et politique-Porto Novo-du Bénin. Charles est père de deux (02) enfants tous scolarisés. Charles est un technicien en électronique et en a fait son activité principale. Cette activité lui procure des revenus qui l'aide à gagner sa vie. L’électronique est une activité qui nécessite de grands moyens; or Charles ne dispose pas d'assez de fonds pour acheter les équipements pouvant lui permettre de rendre performant son atelier afin de bien satisfaire le grand nombre de clients qu'il a et de se faire plus de revenus à la hauteur de ses différentes charges. Afin de rendre plus performant son atelier Charles 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 509.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD