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Born in the 1970s in Cotonou in southern Benin, Ms. Elisabeth A. is married and has five children, of which two are still in school and under her care. For more than a decade, she has lived in Agblangandan, a working-class district of the city of Cotonou, where she sells saltwater fish and freshwater fish in her shopfront. The size of her client base has become so large that it is almost impossible for her to keep up with the ever-growing demand, due to a lack of financial means. In order to do so, she took out her first loan in 2007 for 50,000 francs, which allowed her to stock up sufficiently. The experience was very profitable for her because her capital was increased. With the goal of reinvesting even more into her business, and satisfying customer demand, she is requesting her second loan for the sum of 200,000 francs.

Translated from French by Manuel Carreiro, Kiva Volunteer

Née vers les années 1970 à Cotonou au sud du BENIN, dame A. Elisabeth est mariée et mère de 05 enfants dont les 02 derniers scolarisés sont à sa charge. Elle s'est installée depuis plus d'une décennie à AGBLANGANDAN un quartier populaire de la ville de Cotonou où elle se livre à la vente de poisson de mer et aussi de lac à sa devanture. L'affluence des clients est devenue si importante qu'il lui était devenu quasi impossible de pouvoir satisfaire la demande de plus en plus croissante des clients faute de moyens financiers. Pour ce faire, elle a contracté en 2007 un premier prêt de 50 000 francs qui lui a permis de s’approvisionner en quantité suffisante. L’expérience a été très profitable pour elle car son capital s’est accru. Dans le but de renforcer davantage cette activité et de satisfaire la demande de ses clients, elle vient solliciter pour son deuxième prêt la somme de 200 000 francs.

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
  • 440.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Elisabeth purchase of 10 cartons of frozen fish.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 1, 2008
Aug 16, 2008
Currency Exchange Loss:
Aug 15, 2009