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Aïssetou
M. Aïssetou was born in 1958 in Nikki, a historic town in Borgou province in north Benin. Aïssetou has been living in Cotonou for 23 years and she is married to Kora Bagri, an employee of the Townhall of the city of Cotonou, economic capital of Bénin.



Aïssetou has six children, four sons and two daughters, all in school. She lives with her family in their own house in Kowégbo. Aïssetou used to sell pounded cocoyams at the parking lot of Tokpa, the international market of Bénin. Presently, she sells out of her home: condiments for stews, peanut oil and palm oil, maize etc. retail. Almost all the inhabitants of her district come to do their shopping at Aïssetou's. In order to increase her working capital so as to better satisfy her clientele, Aïssetou is requesting a third loan from ALIDé.



The word "Alidé" in Fon, the native language of Benin, means "there is always a way for the poorest". Benin is a small country in West Africa, next to Nigeria; its Gross Domestic Product (GDP) per capita is US$ 1,500. Alidé offers special 0% interest rate loans to very vulnerable persons and the organization is part of a group which will soon launch a micro-health insurance program to beneficiaries of micro-loans.

View original language description ↓
M. Aïssetou est née en 1958 à Nikki une ville historique dans le département du Borgou au nord BENIN. Aïssetou réside à Cotonou depuis 23 ans où elle s’est mariée à BAGRI Kora un employé de la mairie de la ville de Cotonou, Capitale Économique du Bénin. Aïssetou a six (6) enfants dont quatre (4) garçons et deux (2) filles, tous scolarisés. Aïssetou vit avec sa famille dans leur propre maison à Kowégbo. Aïssetou vendait de l’igname pilée sur le parc auto de tokpa, marché international du Bénin. Actuellement, Aïssetou vend à domicile des condiments pour la sauce, de l'huile d’arachide et de palme, de maïs en détail, etc. Presque tous les habitants de son quartier viennent s’approvisionner chez Aïssetou. Pour accroître son capital en vue de mieux satisfaire sa clientèle, Aïssetou sollicite un troisième crédit auprès de ALIDé.


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
  • 486.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Aïssetou purchase of condiments for stews, palm and peanut oil, and sacks of maize.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 24, 2009
Listed
Apr 4, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009