Check out some available loans that are similar to this one!
Assogba is 50 years old and lives in Benin. He is married to Kossi, a seller, with whom he has six children. Some of the couple's children are in school, the others are still in their care. Assogba and his wife live with their children and jointly take care of the various needs of the household.

To provide for his family, Assogba has been working as a farmer in his region, for the past eighteen years. In addition to this activity, he also sells drinks, buying his goods from a town in Benin.

In order to meet his customers' demand and to boost his income, he would like to increase his stock of goods. To do so, he is requesting a loan from ALIDé for the first time. This loan will surely help him to raise the level of his activity and to make more profits.
View original language description ↓
Assogba est âgé de 50 ans et vit au Bénin. Assogba est marié à Kossi, une marchande. Le couple a six enfants, dont certains scolarisés et un reste à leur charge. Le couple vit ensemble avec les enfants et assure ensemble les divers besoins besoins du ménage.Afin d’assurer les diverses charges de la famille, Assogba mène comme activité depuis dix huit années, l'agriculture dans sa région. Parallèlement à cette activité, Assogba vend des boissons. Assogba s’approvisionne dans une ville du Bénin. Afin de satisfaire la demande de ses clients, et d’accroître son revenu, Assogba désire augmenter le stock de ses produits. Pour ce faire, Assogba 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.

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
  • 515.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD