Check out other loans that are currently fundraising!
M. Célestine
Born around 1952, Ms. M. M. Célestine is married to Mr. ASSA Innocent and is the mother of six children, one of whom passed away, and the others are in school. Célestine has been in the restaurant business (fish, crabs, shrimp, corn mash) since 1978 as her main work. She supplies herself with fish either from the fisheries or at the lake shore. Thanks to her business, she has been able to buy a parcel of land. She is on her third loan with ALIDÉ. Wanting to respond to the demands of her customers better, she's requesting a new 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 ↓
Née vers les années 1952, M. M. Célestine est mariée à ASSA Innocent et est mère de 6 enfants dont un décédé et les 5 autres scolarisés. M. Célestine mène comme activité principale depuis les années 1978 la restauration (poissons, crabes, crevettes , pâte de maïs). Célestine s’approvisionne en poissons soit dans les poissonneries ou au bord du lac. Grâce à son activité Célestine a pu acheter une parcelle de terrain. Célestine est à son troisième crédit avec ALIDé. Soucieuse de répondre au mieux à la demande de ses clients Célestine sollicite à nouveau de prêt.


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
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped M. Célestine to buy fish, corn, peanut oil, and condiments for sauce.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 3, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010