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Sena 1 Group
In this Group: Edwige Lutiana, Akouavi Scholastique Laure, Kafilath Adouni
"SENA 1" is a group composed of three persons whose members are friends residing in the same district. The president (the one with her hand raised in the photo) is Edwige Lutiana. With the goal of increasing their working capital, the group members are requesting a loan from the third time from ALIDé.

Edwige Lutiana is 39 years old and married to a mechanic by the name of Taofic. They have two children to support. Both of the children are in school. She lives together with her children and husband and ensures along with her husband that household expenses are covered.

To support herself and her children, Edwige Lutiana has been selling cloth for six years via the distribution system. She gets her supplies from a city in Benin. This loan will surely enable her and her group "SENA 1" to boost their business and increase their customer base and their revenues.

The loans previously received were indeed paid back.
View original language description ↓
SENA 1 est un groupe constitué de trois personnes dont les membres sont des amies et résident dans le même quartier.la présidente,(celle qui a la main levée sur la photo) se nomme Edwige Lutiana. Dans le but d’augmenter leur fonds de roulement, ce groupe sollicite pour la troisième fois, un crédit auprès de ALIDé. Edwige Lutiana est âgée de 39 ans et est mariée à un mécanicien du nom de Taofic. Le couple a deux enfants à leur charge. Tous les enfants sont scolarisés. Edwige Lutiana vit ensemble avec ses enfants et son mari et assure avec son mari les charges de la maison. Edwige Lutiana n’a jamais été à l’école. Pour satisfaire ses besoins et ceux de ses enfants, Edwige Lutiana vend de tissus depuis six ans par le système de distribution. Edwige Lutiana s’approvisionne dans une ville du Benin. Ce prêt permettra certainement à Edwige Lutiana et à son groupe SENA 1 de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu. Les crédits reçus antérieurement ont été bien remboursés.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sena 1 Group's $925 loan helped a member to buy "pagne" cloth.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013