A loan of $975 helped buy palm kernel and cans of palm oil.

Hontongnon Séverin's story

Hontongnon Séverin is 49 and lives in Benin. He is married to Pauline.
The couple has five children to support, who all attend school. In addition to their own children, the couple has another child to take care of. Hontongnon Severin lives with his wife and children and ensures together with his wife, the household expenses. To ensure the various family expenses, Hontongnon Severin has been working for twenty years in agriculture in a region of Benin.
Beside this activity, Hontongnon Severin processes palm kernel and sells palm oil. He gets his supply in a region of Benin. In order to satisfy his customers and to increase his turnover and income, Hontongnon Severin requests a loan from ALIDé for the fourth time.
This loan will certainly help him increase his activity level while buying his palm kernels to satisfy customer demand and have more profits. The first loans were well repaid.

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Translated from French by Kiva volunteer Anne-Laure Behaghel

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