100%

funded

Total loan: $900

Jonas

Flag of Benin
Porto-Novo, Oueme, Benin / Services

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A loan helped To buy electronic equipment.


Jonas's story

Born in 1970 in Porto-Novo, the administrative and political capital of Bénin, Mr. D. Jonas resides in the 3rd district of Porto-Novo. He is the father of five children, of whom four are in school. Jonas 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 allowing him to satisfy the large number of customers and for earning enough to meet his various responsibilities. Thus, in order to make his workshop more competitive, Jonas is 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.

Translated from French by Dan Kuey, Kiva Volunteer