Daton Michel is 41 years old and lives in Benin. He did not go to school. He is married to a hairdresser named Marguérite. The couple has six children, one of whom still lives in their care. Some of their children have received schooling. Daton Michel lives with his wife and children, and he and his wife both cover the various household expenses.
In order to support his family, Daton Michel has been working as a mechanic in his region for about fifteen years now. He also sells spare parts on the side. He stocks up in a few different regions in Benin.
Striving to satisfy his customers and grow his sales and revenue, Daton Michel is seeking a fourth loan from ALIDé. The loan will allow him to increase the level of his business and earn more profit. The previous loans were correctly repaid.
Daton Michel est âgé de 41 ans et vit au Bénin. Daton Michel n’a pas fréquenté l’école. Daton Michel est marié à Marguérite, une coiffeuse. Le couple a six enfants dont certains scolarisés et un reste à leur charge. Daton Michel 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, Daton Michel mène comme activité depuis une quinzaine d’année, la mécanique dans sa région. Parallèlement à cette activité, Daton Michel vend des pièces détachées. Daton Michel s’approvisionne dans des régions du Bénin. Dans la quête de la satisfaction de sa clientèle et pour accroître son chiffre d’affaires et son revenu, Daton Michel sollicite pour la quatrième 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. Les premiers prêts ont été bien remboursés.
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.