A loan of $200 helped purchase of shoes for re-sale.


Valerie Alida's story

Valerie Alida D. is married to Nicolas Bossou. They have 3 children: Audrey, Franky, et Chilsain. Two are enrolled in school and the third is still too young to go to school. For 20 years, she has been selling shoes and charcoal. The profit from her previous loans has allowed her to help support her family. In future, she would like to add plastics sales to her business. The loan that she is requesting is through Kiva field partner, Alidé.

The meaning of Alidé in the local language of Benin, Fon, is "another path always exists for the most poor". Benin is a small country in West Africa beside Nigeria, where the GNP per capita is US$ 1,500. Alidé offers special 0% interest loans to very vulnerable clients and it is in a group which will soon be beginning a micro health insurance program.

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Translated from French by Kiva volunteer Teresa Kramer



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