A loan of $250 helped purchase of various items for re-sale.

Lucresse's story

Lucresse S., 21, is married to Jules Hounkola, and they have two children Alex et Doris. Doris is enrolled in school. Lucresse began selling peanuts 8 years ago and presently she is selling various items and working as a hairdresser. The income from her other loans has allowed her to build her own workplace. With this loan, she plans to buy eggs for re-sale. In future, she would like to begin to sell cosmetics.

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

Loan details

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Loan details