A loan of $375 helped to purchase canned goods, detergent, sugar, soap and grains: rice, corn, millet, sorghum, bean, etc.

Séraphine's story

Séraphine A. was born in 1972 and is the mother of seven, all of whom are in school. Séraphine A. is married to Raymond Aïha. Séraphine A. sells sundries (concentrated products, pastas, detergents, sugar), as well as food-producing products like corn, beans, and millet. Séraphine A. sells in one of the local markets in Cotonou, the economic capital of Benin. Séraphine A. stocks up on sundries in Tokpa, the international market in Benin. But when it comes to the food-producing products, Séraphine A. stocks up at Glazoué, the large grains market. Séraphine A. has already had two loans at Alidé. To increase her business, Séraphine A. seeks a third loan.

The signification of Alidé in the local language of Benin, the Fon, is that: “There is always a way for the poorest.” Benin is a country in West Africa next to Nigeria where the GDP per inhabitant is $1,500. Alidé offers special loans at 0% interest to those who are vulnerable. She is also part of a group who will soon launch a micro-health insurance program for those receiving microcredit loans.

Translated from French by Kiva volunteer Sherry W.

Loan details

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Loan details