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Gisèle is 38 years old and lives in the Womey district of Cocotomey on the outskirts of Cotonou, Benin's economic capital. Together with her husband Lozare, she looks after their two children who both go to school, and also one other child.

For the past eight years Gisèle has run a general grocery store from outside her home. This is her third loan with ALIDE following successful past repayments and will allow her to purchase stock in bulk from Tokpa, Benin's largest market. She hopes to be able to build her business.

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
  • 466.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Gisèle to purchase various food items for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 14, 2011
Mar 28, 2011
Currency Exchange Loss:
Dec 15, 2011