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Sename Aline Colette's Group
In this Group: Sename Aline Colette, Léontine
This group is made up of two women who are co-borrowers, offering mutual guarantee to each other. The group's representative, Aline Colette, is 40 years old. Married, with no children, she has been selling school supplies for a few years, and she stocks up in Benin.

In order to strengthen her working capital, and to meet her customers' demand, she has requested and obtained a loan from Finadev. This loan will help her to maximize her profits and to buy a plot of land.

Aline Colette is the woman featured on the left-hand side in the photo.
View original language description ↓
Il s'agit d'un groupe composé de deux personnes en caution solidaire. Aline Colette la responsable est âgée de 40ans. Mariée sans enfant, Aline Colette vend des fournitures scolaires depuis quelques années et s'approvisionne dans l'un des marchés du Bénin. En vue de renforcer son fonds de roulement et de satisfaire la demande de ses clients, elle a sollicité et a obtenu un financement auprès de finadev. Ce financement lui permettra de maximiser son profit et d'acheter une parcelle. Aline Colette se retrouve à gauche dans la photo.

Additional Information

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sename Aline Colette's Group's $1,000 loan helped a member to buy ten boxes of notebooks (all varieties).
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013