Kiki is 47 years old and lives in Benin. He did not attend school. He is married to Bernadette, who is a merchant. The couple has four children, who all attend school. Kiki lives with his wife and children, and covers the household expenses together with his wife. In order to cover these expenses, Kiki has been selling cereals (corn, millet, and cassava flour) in a Benin market for the past 30 years or so. He gets his supplies from various towns in Benin. With a view to satisfying customer demand and in order to increase his turnover and income, Kiki is requesting a first loan from Alidé. This loan will undoubtedly enable him to increase his business volume and make more money.
Kiki est âgé de 47 ans et vit au Bénin. Kiki n’a pas fréquenté l’école. Kiki est marié à Bernadette, une marchande. Le couple a quatre enfants, tous scolarisés. Kiki vit ensemble avec sa femme et ses enfants et assure ensemble avec sa femme, les charges de la maison. Afin d’assurer les diverses charges de la famille, Kiki mène comme activité depuis une trentaine d’année, la vente des céréales (maïs, mil et farine de manioc) dans un marché du Bénin. Kiki s’approvisionne dans certaines villes du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Kiki sollicite pour la première fois, un crédit auprès de ALIDé. Ce prêt lui permettra certainement de rehausser le niveau de son activité et de se faire plus de profits.
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.