A loan of $250 helped purchase of condiments for stews, palm and peanut oil, and sacks of maize.

Aïssetou's story

M. Aïssetou was born in 1958 in Nikki, a historic town in Borgou province in north Benin. Aïssetou has been living in Cotonou for 23 years and she is married to Kora Bagri, an employee of the Townhall of the city of Cotonou, economic capital of Bénin.

Aïssetou has six children, four sons and two daughters, all in school. She lives with her family in their own house in Kowégbo. Aïssetou used to sell pounded cocoyams at the parking lot of Tokpa, the international market of Bénin. Presently, she sells out of her home: condiments for stews, peanut oil and palm oil, maize etc. retail. Almost all the inhabitants of her district come to do their shopping at Aïssetou's. In order to increase her working capital so as to better satisfy her clientele, Aïssetou is requesting a third loan from ALIDé.

The word "Alidé" in Fon, the native language of Benin, means "there is always a way for the poorest". Benin is a small country in West Africa, next to Nigeria; its Gross Domestic Product (GDP) per capita is US$ 1,500. Alidé offers special 0% interest rate loans to very vulnerable persons and the organization is part of a group which will soon launch a micro-health insurance program to beneficiaries of micro-loans.

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Translated from French by Kiva volunteer Teresa Kramer

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